Federal Reserve announces results of offering of seven-day term deposits on May 19

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Federal Reserve announces results of offering of seven-day term deposits on May 19

Postby kreslik.news » Wed May 18, 2016 7:30 pm


On May 19, 2016, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered seven-day term deposits with the rate set equal to the sum of the interest rate paid on excess reserves plus a fixed spread of 1 basis point.

Following are the results of the operation:
TDF Operation ID: F64Total Amount Awarded: $66,820,060,000Number of Participants: 43The awarded deposits will settle on May 19, 2016, and will mature on May 26, 2016. The operation effective rate will apply to all awarded deposits.

For media inquiries, call 202-452-2955.

2016 Monetary ... ([url=http://www.federalreserve.gov/newsevents/press/monetary/20160519a.htm]read more)

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