01 April 2008
Standard & Poor's Ratings Services placed its ratings on the Sovereign of Iceland on credit watch with negative implications
April 1, 2008- Standard & Poor's Ratings Services placed its long-term ratings on the Sovereign of Iceland on credit watch with negative implications. This news has already been published on Bloomberg and will be published shortly on the Central Bank's website. The current ratings of the Republic of Iceland with Standard & Poor's are A+/A-1' for foreign currency and 'AA/A-1+' for local currency.
The press release of Standard & Poor's can be approached here