Central Bank Of Iceland Auctions Repurchase Agreements for 17 Billion Kronur.

The Central Bank of Iceland held a weekly auction of repurchase agreements on August 29 of the standard maturity of 14 days. The auction was a fixed rate one at 10.6 per cent p.a. Offers were made for a total amount of 17 billion krónur resulting in repurchase contracts for that amount.