Fed awards $13.5 bln in term deposits

Reuters

WASHINGTON, Nov 19 (Reuters) - The U.S. Federal Reserve saidon Tuesday it had awarded $13.5 billion in 28-day term deposits.

The Fed said it conducted the fixed-rate offering onMonday, with full allotment of tenders through its Term DepositFacility.

The operation offered 28-day term deposits at an interestrate of 0.26000 percent. The total amount awarded was$13,531,600,000 and there were 27 participants, the Fed said.

The awarded deposits will settle on November 21, 2013, andwill mature on December 19, 2013. The interest rate of 0.26000percent will apply to all awarded deposits, the Fed said.

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