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In January 2022, the Central Bank of Iceland opened a liquidity window for deposit taking institutions in case they experienced an unexpected, temporary need for short-term liquidity. In reviewing its policy instruments, the Bank has now decided to expand this liquidity facility, enabling these institutions to use it to cover temporary fluctuations in their liquidity ratios.
The Central Bank of Iceland has published the working paper "A Hedonic Housing Model for Macroprudential Policy" by Önundur Páll Ragnarsson, economist in the department of Financial Stability.