05.07.2007
 The Central Bank of Iceland leaves its policy rate unchanged

The Board of Governors of the Central Bank of Iceland has decided to leave the Bank's policy interest rate unchanged at 13.30%.*

Monetary Bulletin, which is published on the Bank’s website after 11 a.m. GMT today, includes the arguments in support of today’s decision.

 

The next interest rate decision of the Board of Governors will be announced on September 6, 2007.


 

* From now on, the Central Bank’s policy rate is presented as a nominal discounted rate, instead of annual yield; a 13.3% nominal rate corresponds to the 14.25% annual yield quoted hitherto for the Bank’s regular collateral loan facilities. The change of presentation was announced in Central Bank of Iceland press releases No. 9/2007 on May 16 and No. 12/2007 on June 18, 2007.

 

 

No. 13/2007

July 5, 2007

 


InflationMore »

Consumer prices, 12-month changes. Last value: 4.5%
Verðbólga
Inflation target 2.5%

CBI's interest ratesMore »
CBI's interest rates
Overnight 8.50%
Loans against collateral 7.00%
Current account 5.50%
Exchange rateMore »
Currency 10.9.2010 Ch. *
USD 118.37 -0.04%
GBP 182.82 0.21%
DKK 20.23 0.02%
EUR 150.61 0.01%
* Changes from last entry
Exch. Rate IndicesMore »
Exchange Rate Indices 9/10/2010 Ch. *
Narrow trade index** 205.15 0.02%
* Changes from last entry
** The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.
Other interest ratesMore »
Penalty rates from 1.9.2010 14.00%
10.09.10 REIBID REIBOR
O/N 5.500% 6.000%
S/W 5.500% 6.000%
1 M 5.800% 6.300%
3 M 5.300% 5.800%
1 Y 4.500% 5.000%


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Address: Kalkofnsvegi 1, 150 Reykjavik - E-mail: sedlabanki@sedlabanki.is
Tel.: (354) 569 9600 - Telefax: (354) 569 9605

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