Federal Reserve announces results of offering of 28-day term deposits on May 20

The following press release was published by the Board of Governors of the Federal Reserve System on May 21, 2013. It is reproduced in full below.

On May 20, 2013, the Federal Reserve conducted a fixed-rate offering of term deposits with full allotment of tenders through its Term Deposit Facility. The operation offered 28-day term deposits at an interest rate of 0.26000 percent. Following are the results of the operation: TDF Operation ID: F30 Total Amount Awarded: $10,496,100,000 Number of Participants: 32 The awarded deposits will settle on May 23, 2013, and will mature on June 20, 2013. The interest rate of 0.26000 percent will apply to all awarded deposits.

Source: Board of Governors of the Federal Reserve System