Federal Reserve announces results of offering of eight-day term deposits on November 24

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 25, 2014. It is reproduced in full below.

On Nov. 24, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility. The operation offered eight-day term deposits at an interest rate of 0.29000 percent. Following are the results of the operation: TDF Operation ID: F53 Total Amount Awarded: $334,714,020,000 Number of Participants: 90 The awarded deposits will settle on Nov. 26, 2014, and will mature on December 4, 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