13.06.2019

Nobel prize of Halldór Laxness on display in the numismatic collection in the Central Bank on 17 June

On the occasion of the 100 year anniversary of the first novel of Halldór Kiljan Laxness, Child of Nature, a special exhibition of items relating to Nobel laureate, including the Nobel medal, will be on display in the Central Bank and National Museum numismatic collection at Kalkofnsvegur between 14:00 and 18:00 on the National Day of Iceland on 17 June. A gold bar of the type held in the Bank‘s gold reserves will also be on display as well as a selection of paintings owned by the Bank.

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05.06.2019

Minutes of the MPC

Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 20 and 21 May 2019. There, the Committee discussed economic and financial market developments, the interest rate decision on 22 May, and the communication of that decision.

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05.06.2019

Governor‘s speech at the Government Borrowers Forum 2019

Governor Már Guðmundsson gave a keynote address at the Government Borrowers Forum 2019 which is organised by the World Bank and the Ministry of Finance and Economic Affairs in Harpa, Reykjavík on 3-5 June.

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03.06.2019

Current account surplus 35.1 b.kr. in Q1/2019. Net IIP positive by 597 b.kr.

The current account surplus measured 35.1 b.kr. in Q1/2019. The surplus on external goods trade measured 3.5 b.kr., and the surplus on services trade was 29.7 b.kr. There was a 8.5 b.kr. surplus on primary income and a 6.7 b.kr. deficit on secondary income. Foreign assets totalled 3,746 b.kr. at the end of the quarter, while foreign liabilities totalled 3,149 b.kr. The net external position was therefore positive by 597 b.kr., or 21% of GDP, and improved by 270 b.kr., or 9.5% of GDP during the quarter.

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29.05.2019

Interest on Central Bank of Iceland certificate of deposit CBI2016

With reference to Article 10, Paragraph 2 of the Act on the Treatment of Króna-Denominated Assets Subject to Special Restrictions, no. 37/2016, interest rates on the certificates of deposit specified in the Act are reviewed by the Central Bank on interest payment dates. The Central Bank has decided that as of the interest payment date, 2 June 2019, the annual interest rate on certificates of deposit in the series CBI2016 (ISIN: IS0000027068) shall change from 0.5% to 0%.

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