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The Central Bank Of Iceland Auctions Repurchase Agreements For 16.9 Billion Krónur

Date 19/09/2000

The Central Bank of Iceland held a weekly auction of repurchase agreements on September 19 of the standard maturity of 14 days. The auction was a fixed rate one at 10.6 per cent p.a. Offers were made for a total amount of 16.9 billion krónur resulting in repurchase contracts for that amount.