27 June 2014

The Central Bank's Economic Indicators for June

The Central Bank's Economic Indicators for June 2014 have been posted on this website.

25 June 2014

The Minutes of the MPC

Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 10 June. There, the Committee discussed economic and financial market developments, the interest rate decision on 11 June, and the communication of that decision.

24 June 2014

Results of foreign currency auctions

On 15 May 2014, the Central Bank of Iceland offered to purchase euros in exchange for Icelandic krónur for long-term investment in the Icelandic economy, or in exchange for payment in Treasury bond series RIKS 33 0321. The Bank also advertised for bids on the sale of Icelandic krónur for cash payment in foreign currency.

20 June 2014

Listing and sale of ESÍ assets postponed

According to a press release from 16 December 2013, the Central Bank of Iceland Holding Company ehf. (ESÍ) was planning to begin selling indexed bonds representing ESÍ’s holdings in contractual covered bonds issued by Arion Bank hf. during the first half of 2014.

17 June 2014

Rules on Foreign Exchange amended to mitigate the effects of halting unauthorised saving abroad

For some time, the Central Bank of Iceland has been investigating whether the insurance contracts offered for sale in Iceland by foreign insurance companies are in compliance with the Foreign Exchange Act and the Rules on Foreign Exchange.