10.12.2009
 MPC decision on interest rates

The Monetary Policy Committee (MPC) has voted to change Central Bank interest rates as follows. The deposit rate (current account rate) will be lowered by 0.5 percentage points to 8.5%. The Central Bank will continue to issue 28-day certificates of deposit (CDs) with a maximum bid rate of 9.75%, which is 0.5 percentage points lower than before. The seven-day collateral lending rate will be lowered by 1 percentage point to 10%, and the overnight lending rate will be lowered by 1.5 percentage points to 11.5%.

No. 37/2009
December 10, 2009


InflationMore »

Consumer prices, 12-month changes. Last value: 4.5%
Verðbólga
Inflation target 2.5%

CBI's interest ratesMore »
CBI's interest rates
Overnight 8.50%
Loans against collateral 7.00%
Current account 5.50%
Exchange rateMore »
Currency 2.9.2010 Ch. *
USD 119.72 -0.18%
GBP 184.34 -0.07%
DKK 20.62 0.05%
EUR 153.5 0.05%
* Changes from last entry
Exch. Rate IndicesMore »
Exchange Rate Indices 9/2/2010 Ch. *
Narrow trade index** 208.16 0.09%
* Changes from last entry
** The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.
Other interest ratesMore »
Penalty rates from 1.9.2010 14.00%
02.09.10 REIBID REIBOR
O/N 5.500% 6.000%
S/W 5.600% 6.100%
1 M 6.000% 6.500%
3 M 5.850% 6.100%
1 Y 5.000% 5.250%


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Address: Kalkofnsvegi 1, 150 Reykjavik - E-mail: sedlabanki@sedlabanki.is
Tel.: (354) 569 9600 - Telefax: (354) 569 9605

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