Federal Reserve announces results of offering of seven-day term deposits on June 30

The following press release was published by the Board of Governors of the Federal Reserve System on July 1, 2014. It is reproduced in full below.

On June 30, 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 0.29000 percent. Following are the results of the operation: TDF Operation ID: F45 Total Amount Awarded: $124,887,010,000 Number of Participants: 58 The awarded deposits will settle on July 3, 2014, and will mature on July 10, 2014. The interest rate of 0.29000 percent will apply to all awarded deposits.

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Source: Board of Governors of the Federal Reserve System