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Repurchase Agreements for 53.5 b.kr.

The Central Bank of Iceland helda weekly auction of repurchase agreements on October 29 of the maturity of 14days.

The auction was a fixed rate one at 6.8 per cent p.a. Offers were made for atotal amount of 53.5 billion krónur resulting in repurchase contracts or thatamount.

No. 44/2002

October 29, 2002