Federal Reserve announces results of offering of seven-day term deposits on July 7

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Federal Reserve announces results of offering of seven-day term deposits on July 7

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The following press release was published by the Board of Governors of the Federal Reserve System on July 8, 2014. It is reproduced in full below.

On July 7, 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 0.30000 percent. Following are the results of the operation: TDF Operation ID: F46 Total Amount Awarded: $152,795,000,000 Number of Participants: 75 The awarded deposits will settle on July 10, 2014, and will mature on July 17, 2014. The interest rate of 0.30000 percent will apply to all awarded deposits.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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