Federal Reserve announces results of offering of seven-day term deposits on November 3

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 4, 2014. It is reproduced in full below.

On Nov. 3, 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: F50 Total Amount Awarded: $262,101,500,000 Number of Participants: 66 The awarded deposits will settle on November 6, 2014, and will mature on Nov. 13, 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