Repurchase Agreements for 46.6 b.kr.

NOTE: This article is from 21. 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 8.8 per cent p.a. Offers were made for a total amount of 46.6 billion krónur resulting in repurchase contracts for that amount.