Repurchase Agreements for 32.4 b.kr.

NOTE: This article is from 14. May 2002 and is therefore more than 5 years old.

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

The auction was a fixed rate one at 9.3 per cent p.a. Offers were made for a total amount of 32.4 billion krónur resulting in repurchase contracts for that amount.