Certificates of deposit issued for 4.5 billion krónur

NOTE: This article is from 31. December 2003 and is therefore more than 5 years old.

The Central Bank of Iceland held an auction of 14-day certificates of deposit on December 30, 2003. The auction amount was 8 billion krónur with a rate ceiling of 4.8%. In all, 5 bids were made, with the highest rate 4.8% and the lowest 4.65%.

For further information please contact Mr. Tómas Örn Kristinsson, Director of the Monetary Department at the Central Bank of Iceland, tel. (+354) 569-9600.