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Central Bank Of Iceland Weekly Repo Auction November 23

Date 23/11/1999

The Central Bank of Iceland held a weekly auction of repurchase agreements on November 23 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 18.3 billion kronur resulting in repurchase contracts for that amount.