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MPC decision on interest rates
Thursday, December 10, 2009
By Central Bank of Iceland
The Monetary Policy Committee (MPC) has voted to change Central Bank interest rates as follows. The deposit rate (current account rate) will be lowered by 0.5 percentage points to 8.5%. The Central Bank will continue to issue 28-day certificates of deposit (CDs) with a maximum bid rate of 9.75%, which is 0.5 percentage points lower than before. The seven-day collateral lending rate will be lowered by 1 percentage point to 10%, and the overnight lending rate will be lowered by 1.5 percentage points to 11.5%.
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100 %
150 %
200 %
400 %
Non-Indexed
Price
Yield
RIKV 10 0915
99.92
6.13%
RIKV 10 1015
99.52
5.01%
RIKV 10 1115
99.14
4.76%
RIKB 10 1210
102.10
4.76%
RIKV 10 1215
98.82
4.50%
RIKB 11 0722
103.24
4.08%
RIKB 12 0824
100.35
4.06%
RIKB 13 0517
108.14
3.98%
RIKB 19 0226
124.50
5.10%
RIKB 25 0612
128.60
5.18%
Indexed
Price
Yield
HFF150914
104.26
1.64%
RIKS 21 0414
111.50
2.55%
HFF150224
108.56
2.48%
HFF150434
113.45
2.55%
HFF150644
118.00
2.58%
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CPI Change
1M
3M
12M
Current Value
361.70
12 Months Change*
4.81%
3 Months Change*
-2.29%
Last Month Change
-0.66%
Daily CPI
361.97
* Annualized rates
Exchange rate
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ISK
1000
1000
EUR
150.15
151.25
USD
118.03
118.89
GBP
182.17
183.69
JPY
1.41
1.42
NOK
19.04
19.26
SEK
16.19
16.41
DKK
20.16
20.32
CHF
116.42
117.52
TWI
206.18
206.86