The Central Bank Of Iceland Auctions Repurchase Agreements For 32.1 Billion

The Central Bank of Iceland held a weekly auction of repurchase agreements on May 15 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 32.1 billion krónur resulting in repurchase contracts for that amount.