Press Release

April 05, 2011 Federal Reserve announces results of auction of $5 billion in 28-day term deposits held on April 4, 2011 For release at 12:00 p.m. EDT Share On April 4, 2011, the Federal Reserve conducted an auction of $5 billion in 28-day term deposits through its Term Deposit Facility. Following are the results of the auction: Bids at the stop-out rate were pro-rated at 11.62 percent. Resulting awards were rounded to the nearest $10,000 except that all awards below $10,000 were rounded up to $10,000. The awarded deposits will settle on April 7, 2011, and will mature on May 5, 2011. The stop-out rate shown above will apply to all awarded deposits.

Federal Reserve (2011, April 4). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20110405_federal_reserve_announces_results_of_auction_of_5

@misc{wtfs_press_release_20110405_federal_reserve_announces_results_of_auction_of_5,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2011},
  month = {Apr},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20110405_federal_reserve_announces_results_of_auction_of_5},
  note = {Retrieved via When the Fed Speaks corpus}
}