Federal Reserve announces results of offering of seven-day term deposits on March 17

The following press release was published by the Board of Governors of the Federal Reserve System on March 18, 2014. It is reproduced in full below.

On March 17, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits at an interest rate of 0.26000 percent. Following are the results of the operation: TDF Operation ID: F37 Total Amount Awarded: $15,413,000,000 Number of Participants: 27 The awarded deposits will settle on March 20, 2014, and will mature on March 27, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.

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Source: Board of Governors of the Federal Reserve System