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The Central Bank Of Iceland Auctions Repurchase Agreements For 26,4 Billion Krónur

Date 03/01/2001

The Central Bank of Iceland held a weekly auction of repurchase agreements on January 3 of the maturity of 13 days. The auction was a fixed rate one at 11.4 per cent p.a. Offers were made for a total amount of 26.4 billion krónur resulting in repurchase contracts for that amount.