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The Central Bank Of Iceland Auctions Repurchase Agreements For 38.8 Billion Krónur

Date 03/01/2002

The Central Bank of Iceland held a weekly auction of repurchase agreements on January 3 of the maturity of 12 days. The auction was a fixed rate one at 10.1 per cent p.a. Offers were made for a total amount of 38.8 billion krónur resulting in repurchase contracts for that amount.