Federal Reserve announces results of offering of seven-day term deposits on August 11
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37443
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
Federal Reserve announces results of offering of seven-day term deposits on August 11
On August 11, 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: F65Total Amount Awarded: $58,594,010,000Number of Participants: 32The awarded deposits will settle on August 11, 2016, and will mature on August 18, 2016.The operation effective rate will apply to all awarded deposits.
For media inquiries, call 202-452-2955.
2016 Monetary Policy ... ([url=http://www.federalreserve.gov/newsevents/press/monetary/20160811a.htm]read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.