The gross official reserves of the Central Bank of Iceland amounted to 886,4 b.kr. at the end of February having increased by 81,3 b.kr. between months.
Predetermined short-term net drains on foreign currency assets are estimated 1.7 b.kr. at the end of Feb. compared to 2.2 b.kr. at the end of Jan.
Part of the increase in gross official reserves attributes the Republic of Iceland issued a bond in the amount of 750 million euros, the equivalent of ISK 117bn. The bond bears fixed 0% interest and is issued for seven years at a yield of 0,117%.