Feb 08 2017
MPC decision on interest rates

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 5%.

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Results of additional issuance of Treasury bonds RIKB 28 1115 and RIKB 22 1026

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 13 April, at the price of accepted bids. This time Primary Dealers did exercise their right to purchase in RIKB 28 1115 for 84 m.kr. and in RIKB 22 1026 for 307 m.kr. Total outstanding nominal value of RIKB 28 1115 after the auction is now 51,444,101,519 kr. and RIKB 22 1026 is now 78,800,000,000 kr. Settlement date is 18 April 2018.