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Federal Reserve Announces Results of Offering of Seven-day Term Deposits on August 22
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 . . .

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