Federal Reserve announces results of offering of seven-day term deposits on June 23

The following press release was published by the Board of Governors of the Federal Reserve System on June 24, 2014. It is reproduced in full below.

On June 23, 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 0.28000 percent. Following are the results of the operation: TDF Operation ID: F44 Total Amount Awarded: $92,420,010,000 Number of Participants: 46 The awarded deposits will settle on June 26, 2014, and will mature on July 3, 2014. The interest rate of 0.28000 percent will apply to all awarded deposits.

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Source: Board of Governors of the Federal Reserve System