Federal Reserve Announces Results of Offering of Seven-day Term Deposits on August 22
August 22, 2019
August 22, 2019
WASHINGTON, Aug. 22 -- The Federal Reserve issued the following news release:
On August 22, 2019, 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: F74
Total Amount . . .
On August 22, 2019, 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: F74
Total Amount . . .