05 janúar 2016Ministry of Finance and Economic Affairs
Treasury Prepays ISK 50 billion of the Central Bank's bond – 10% overall reduction of debt in 2015
<p>At year-end 2015 the Treasury made a payment of ISK 49.9 billion on a bond, issued to the Central Bank of Iceland. This represents one of the largest single repayments of Treasury debt to date. The instalment reduced the Treasury's cash balance with the Central Bank.</p>