21.11.2006

Standard & Poor´s Ratings Services assigned its AA- senior unsecured debt rating to the Republic of Iceland´s debut euro-denominated bond

Standard & Poor´s Ratings Services assigned its AA- senior unsecured debt rating to the Republic of Iceland´s debut (foreign currency AA-/Negative/A-1+, local currency AA+/Negative/A-1+) euro-denominated bond maturing in December 2011. The issue represents the first euro benchmark bond issued by the Republic. The entire amount of the planned borrowed funds will be allocated toward strengthening the Central Bank of Iceland's foreign reserves.

Standard & Poor´s press release  

 

 

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