Federal Reserve announces results of offering of 28-day term deposits on July 15

The following press release was published by the Board of Governors of the Federal Reserve System on July 16, 2013. It is reproduced in full below.

On July 15, 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: F31 Total Amount Awarded: $11,913,100,000 Number of Participants: 25 The awarded deposits will settle on July 18, 2013, and will mature on Aug. 15, 2013. The interest rate of 0.26000 percent will apply to all awarded deposits.

Source: Board of Governors of the Federal Reserve System