Federal Reserve announces results of offering of 28-day term deposits on September 9

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Federal Reserve announces results of offering of 28-day term deposits on September 9

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The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 10, 2013. It is reproduced in full below.

On September 9, 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: F32 Total Amount Awarded: $11,662,100,000 Number of Participants: 25 The awarded deposits will settle on Sept. 12, 2013, and will mature on Oct. 10, 2013. The interest rate of 0.26000 percent will apply to all awarded deposits.

Source: Board of Governors of the Federal Reserve System

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