29 May 2020

Interest on Central Bank of Iceland certificate of deposit CBI2016

Central Bank of Iceland

With reference to Article 10, Paragraph 2 of the Act on the Treatment of Króna-Denominated Assets Subject to Special Restrictions, no. 37/2016, interest rates on the certificates of deposit specified in the Act are reviewed by the Central Bank on interest payment dates.

On 2 June 2019, interest rates were reviewed and changed to 0% annual interest. The Central Bank has decided that as of the interest payment date 2 June 2020, the annual interest rate on certificates of deposit in the series CBI2016 (ISIN: IS0000027068) shall remain unchanged at 0%.

Press release no. 18/2020
29 May 2020


 See here pdf-file with the formal decision enclosed.