Source: Central Bank of Iceland
At the beginning of May 2020, the Central Bank of Iceland began buying Treasury bonds in the secondary market, in accordance with the 23 March 2020 statement by the Monetary Policy Committee. According to that decision, the total amount purchased may range up to 150 b.kr. The Bank will announce the maximum bond purchase amount for each quarter in advance. For Q4/2020, the Bank’s total purchases may range up to 20 b.kr. market value. The Bank may buy bonds in all nominal benchmark series denominated in Icelandic krónur.