The Central Bank of Iceland held a weekly auction of repurchase agreements on June 3, 2003 of the maturity of 14 days.

The auction was in a fixed-rate format at 5.3 per cent p.a. Offers were made for a total amount of 26.2 billion krónur resulting in repurchase contracts for that amount.

No. 23/2003

June 3, 2003