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Central Bank of Iceland

28.08.2014
Today the EFTA Court published an advisory opinion on a lawsuit filed against Íslandsbanki hf. before the District Court of Reykjavík. The issue under consideration by the Court is whether a price indexation clause in a bond issued in connection with a real estate purchase can be considered unfair contractual terms and can therefore be set aside in the sense of Article 36, Items (a)-(c) of the Act on Contracts, Agency and Void Legal Instruments,
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1.9.2014
USD117.02
GBP194.57
DKK20.64
EUR153.75
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Broad merch. index193.11
Narrow trade index195.53
Narrow trade index*207,37
Consumer price index, 12 month change
Latest value: 2,2%
Inflation target 2,5%
O/N lending7%
7 day collateralised lending6%
Current account5%
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01.9.14REIBIDREIBOR
O/N5.00%5.25%
S/W5.10%5.35%
1 M5.50%5.75%
3 M5.60%6.10%
1 Y5.80%6.30%
Penalty rates from 01.9.1413.00%
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