Repurchase Agreements for 42.5 billion krónur

NOTE: This article is from 03. September 2002 and is therefore more than 5 years old.

The Central Bank Auctions Repurchase

Agreements for 42.5 billionkrónur

The Central Bank of Iceland held a weekly auction of repurchase agreements onSeptember 3 of the maturity of 14 days.

The auction was a fixed rate one at 7.6 per cent p.a. Offers were made for atotal amount of 42.5 billion krónur resulting in repurchase contracts for thatamount.

No. 36/2002

September 3, 2002