Federal Reserve announces results of offering of 28-day term deposits on January 13

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 14, 2014. It is reproduced in full below.

On Jan. 13, 2014, 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: F34 Total Amount Awarded: $12,822,110,000 Number of Participants: 31 The awarded deposits will settle on Jan. 16, 2014, and will mature on Feb. 13, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.

Source: Board of Governors of the Federal Reserve System