Repurchase agreements for 23 b.kr.

NOTE: This article is from 06. May 2003 and is therefore more than 5 years old.

The Central Bank Auctions Repurchase

Agreements for 23 billion krónur

The Central Bank of Iceland held a weekly auction of repurchase agreements on May 6, 2003 of the maturity of 14 days.

The auction was a fixed rate one at 5.3 per cent p.a. Offers were made for a total amount of 23 billion krónur resulting in repurchase contracts for that amount.

No. 19/2003

May 6, 2003