22.12.2006

Moody´s Credit Opinion: Iceland - ratings confirmed

On December 14, Moody´s Investors Service issued its credit opinion for the Republic of Iceland; Aaa for long-term obligations in foreign and domestic currency and P-1 for short-term obligations in foreign and domestic currency. Outlook is stable.

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22.12.2006

Republic of Iceland Cut To FC A+/A-1, LC AA/A-1+ On Unbalanced Policy Mix; Outlook Stable

On Dec. 22, 2006, Standard & Poor's Ratings Services lowered its foreign currency sovereign credit ratings on the Republic of Iceland to 'A+' long-term and 'A-1' short-term, from 'AA-' and 'A-1+', respectively. At the same time, the long-term local currency rating on Iceland was lowered to 'AA' from 'AA+', and the short-term local currency rating was affirmed at 'A-1+'. The outlook is stable.

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21.12.2006

The Central Bank of Iceland raises its policy interest rate

The Board of Governors of the Central Bank of Iceland has decided to raise the policy interest rate by 0.25 percentage points to 14.25%. The Governors’ decision

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21.12.2006

The Central Bank of Iceland raises its policy interest rate

The Board of Governors of the Central Bank of Iceland has decided to raise the Bank’s policy interest rate by 0.25 percentage points to 14.25%. The Central Bank´s other interest rates will also be raised by 0.25% percentage points.

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14.12.2006

Working Paper on the new Quarterly Macroeconomic Model

Working Paper No. 32, “QMM: A Quarterly Macroeconomic Model of the Icelandic Economy”, has been published on this website.

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