04.11.2005

Central Bank Balance Sheet at end-October 2005

The following table shows the Central Bank of Iceland’s Balance Sheet as at the end of October 2005 with comparative figures for the end of September 2005 and end of December 2004.

The Central Bank’s foreign exchange reserves decreased by 11.2 b.kr. to 59.5 b.kr. at the end of October (equivalent to 976 m. US dollars at the exchange rate at the end of the month). Treasury loan movements are the main explanation for the decrease.

The króna appreciated by 1.1% in October.

Central Bank claims on deposit money banks increased by 15.3 b.kr. in October and amounted to 64.3 b.kr. at the end of the month. Claims on other financial institutions decreased by 2.8 b.kr. to 11 b.kr. at the end of the month.

Market value of listed securities in the Bank’s portfolio was 1.9 b.kr. at the end of October.

Central Bank liabilities towards deposit money banks increased by 9 b.kr. in October and amounted to 23.7 b.kr. at the end of the month.

Net deposits of central government decreased by 6.8 b.kr. during the month and stood at 66.2 b.kr. at the end of October.

Base money increased by 8.8 b.kr. in October and amounted to 36.2 b.kr. at the end of the month.

For further information, contact the Governors of the Central Bank of Iceland or Erla Árnadóttir, Chief Accountant, tel. (+354) 569-9600.

Press release with table (pdf-37kb)

No. 34/2005
November 4, 2005

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