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FOMC 2012 Monetary Policy Releases
On Monday, May 14, 2012, the Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility. As noted in the Federal Reserve Board's September 8, 2010 release, this offering is part of ongoing small-value operations designed to provide eligible institutions with an opportunity to become familiar with term deposit operations. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation D, and the terms and conditions of the Term Deposit Facility

Release Date: May 9, 2012
For release at 1:00 p.m. ET

http://www.federalreserve.gov/newsevents/press/monetary/20120509a.htm