The Central Bank Of Iceland Auctions Repurchase Agreements For 19.5 Billion Krónur

The Central Bank of Iceland held a weekly auction of repurchase agreements on May 8 of the maturity of 14 days. The auction was a fixed rate one at 10.9 per cent p.a. Offers were made for a total amount of 19.5 billion krónur resulting in repurchase contracts for that amount.