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The Central Bank Of Iceland Auctions Repurchase Agreements For 26.5 Billion Krónur

Date 31/07/2001

The Central Bank of Iceland held a weekly auction of repurchase agreements on July 31st 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 26.5 billion krónur resulting in repurchase contracts for that amount.