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Treasury and Central Bank prepay foreign loans - 22.7.2014

Today the Republic of Iceland and the Central Bank of Iceland prepaid loans granted from its Nordic neighbours in connection with the Government's IMF-supported economic programme from 2008. The prepayment amounted to 735 million euros, or 114 b.kr. The loans in question originally matured in 2019, 2020, and 2021. More...

Medium-term Debt Management Strategy 2014-2017 - 18.7.2014

The Ministry of Finance and Economic Affairs has published the government's Medium-term Debt Management Strategy for the period 2014-2017. This is the fourth instance of such publication. The principal changes which have been made since last year's publication concern the guidelines for the composition of the debt portfolio, which provide for a reduced share of inflation-indexed borrowing and a correspondingly greater share of non-indexed loans. A change has also been made to the target for the Treasury's foreign balance with the Central Bank, reducing it from ISK 80 billion to around ISK 60-70 billion on average.

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Minister

Bjarni Benediktsson, Minister of Finance and Economic Affairs

Bjarni Benediktsson

  • Minister of Finance and Economic Affairs since 23 May 2013
  • Chairman of the Independence Party since 2009
  • Member of the Alþingi since 2003

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