Repurchase Agreements for 40.5 b.kr.

NOTE: This article is from 02. July 2002 and is therefore more than 5 years old.

The Central Bank of Iceland held a weekly auction of repurchase agreements on July 2 of the maturity of 14 days.

The auction was a fixed rate one at 8.5 per cent p.a. Offers were made for a total amount of 40.5 billion krónur resulting in repurchase contracts for that amount.