- Policy Rate Unchanged


The Board of Governors of the Central Bank of Iceland has decided to leave the
policy interest rate unchanged at 14.25%. The arguments in support of the
decision will be presented in a press release which will be issued on the
Bank's website after 11 a.m. GMT today. 
 
The next interest rate decision by the Board of Governors of the Central Bank
of Iceland will be announced on Thursday, July 5, 2007.