Announcement concerning Central Bank purchases of Treasury bonds
The Central Bank’s total purchases of Treasury bonds in the secondary market, for the first half of the year came to 892 m.kr. For Q3/2020, the Bank’s purchases could total as much as 20 b.kr.
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BIS to establish Nordic Innovation Hub Centre in Stockholm
The Bank for International Settlements, BIS, announced today to establish a BIS Innovation Hub Centre in Stockholm in collaboration with the central banks in Denmark, Iceland, Norway and Sweden. The Nordic Innovation Centre will work to deepen the analysis of technological financial innovation relevant to central banks.
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Economic Indicators
Economic Indicators, a quarterly summary of economic developments and compendium of statistics, have been posted here on the Central Bank of Iceland website.
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Financial Stability report published on July 1
First edition of the Financial Stability report will be published on Wednesday, July 1, a day later than previously planned.
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Support loan agreements signed
The Central Bank of Iceland has signed agreements with Arion Bank, Kvika banki, Landsbankinn, and Íslandsbanki concerning Treasury-guaranteed support loans. The aim of the support loans is to maintain employment and economic activity by supporting small businesses that have suffered a temporary drop in revenues because of the COVID-19 pandemic and the associated public health measures.
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