15.03.2007
Fitch Downgrades Iceland to A+ / AA+ Outlook Stable

On March 15, 2007 Fitch Ratings downgraded Iceland’s foreign and local currency Issuer Default ratings (IDRs) to A+ and AA+ from AA- (AA minus) and AAA respectively. The Outlook on both ratings is Stable. The Short-term foreign currency rating is also downgraded to F1 from F1+ and the Country Ceiling is lowered to AA- from AA.

Fitch's press release

No. 4/2007
March 15, 2007


InflationMore »

Consumer prices, 12-month changes. Last value: 4.5%
Verðbólga
Inflation target 2.5%

CBI's interest ratesMore »
CBI's interest rates
Overnight 8.50%
Loans against collateral 7.00%
Current account 5.50%
Exchange rateMore »
Currency 10.9.2010 Ch. *
USD 118.37 -0.04%
GBP 182.82 0.21%
DKK 20.23 0.02%
EUR 150.61 0.01%
* Changes from last entry
Exch. Rate IndicesMore »
Exchange Rate Indices 9/10/2010 Ch. *
Narrow trade index** 205.15 0.02%
* Changes from last entry
** The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.
Other interest ratesMore »
Penalty rates from 1.9.2010 14.00%
10.09.10 REIBID REIBOR
O/N 5.500% 6.000%
S/W 5.500% 6.000%
1 M 5.800% 6.300%
3 M 5.300% 5.800%
1 Y 4.500% 5.000%


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Address: Kalkofnsvegi 1, 150 Reykjavik - E-mail: sedlabanki@sedlabanki.is
Tel.: (354) 569 9600 - Telefax: (354) 569 9605


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