Meginmál

Repurchase agreement for 34.4 b.kr.

NOTE: This article is from 27. November 2001 and is therefore more than 5 years old.

The Central Bank of Iceland held a weekly auction of repurchase agreements on November 27 of the maturity of 14 days.

The auction was a fixed rate one at 10.1 per cent p.a. Offers were made for a total amount of 34.3 billion krónur resulting in repurchase contracts for that amount.