Fed Announces Results of 28-Day Term Deposits

On July 15, 2013, the Federal Reserve conducted a fixed-rate offering of term deposits with full allotment of tenders through its Term Deposit Facility. The operation offered 28-day term deposits at an interest rate of 0.26000 percent. Following are the results of the operation:

TDF Operation ID: F31
Total Amount Awarded: $11,913,100,000
Number of Participants: 25

The awarded deposits will settle on July 18, 2013, and will mature on August 15, 2013. The interest rate of 0.26000 percent will apply to all awarded deposits.