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Central Bank Of Iceland Weekly Rep Auction, 14 December

Date 15/12/1999

The Central Bank of Iceland held a weekly auction of repurchase agreements on December 14 of the standard maturity of 14 days. The auction was a fixed rate one at 9.0 per cent p.a. Offers were made for a total amount of 10.7 billion krónur resulting in repurchase contracts for that amount.