17 March 2009

Auction of certificates of deposit

In a news release published on March 4, the Central Bank of Iceland announced the issue of a series of three-month certificates of deposit in an amount up to 75 b.kr. The CD auction will be held on March 23, with settlement on March 25. It will not involve an exchange of CDs.

Further information can be obtained from Helga R. Helgadóttir and Hafsteinn Hafsteinsson, International and Market Operations Department, Central Bank of Iceland at tel: +354 569-9671 and +354 569-9672.