Mondo Visione Worldwide Financial Markets Intelligence

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Central Bank Of Iceland Weekly Repo Acution

Date 28/12/1999

The Central Bank of Iceland held a weekly auction of repurchase agreements on December 28 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 14.4 billion krónur resulting in repurchase contracts for that amount.