Central Bank Balance Sheet at end-June 2005
The following table shows the Central Bank of Iceland’s Balance Sheet as at the end of June 2005 with comparative figures for the end of May 2005 and end of December 2004.
The Central Bank’s foreign reserves increased by 0.7 b.kr. to 62.4 b.kr. at the end of June (equivalent to 960 m. US dollars at the current exchange rate). The króna appreciated by 0.9% in June.
Central Bank claims on deposit money banks increased by 14 b.kr. in June and amounted to 30 b.kr. at the end of the month. Claims on other financial institutions increased by 0.8 b.kr. to 9.6 b.kr. at the end of the month.
Market value of listed securities in the Bank’s portfolio was 2.2 b.kr. at the end of June.
Central Bank liabilities towards deposit money banks increased by 7.2 b.kr. in June and amounted to 29 b.kr. at the end of the month.
Net deposits of central government increased by 8.4 b.kr. during the month and stood at 24.3 b.kr. at the end of June.
Base money increased by 7.7 b.kr. in June and amounted to 41.2 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.
July 6, 2005