The Central Bank Of Iceland Auctions Repurchase Agreements For 46.6 billion Krónur

The Central Bank of Iceland held a weekly auction of repurchase agreements on May 21 of the maturity of 14 days. The auction was a fixed rate one at 8.8 per cent p.a. Offers were made for a total amount of 46.6 billion krónur resulting in repurchase contracts for that amount.