10 February 2005

Standard & Poor's raises Iceland's foreign currency sovereign rating

Standard & Poor's Ratings Services today announced that it has raised its long-term foreign currency sovereign credit rating on the Republic of Iceland to AA- from A+.
The full text of Standard & Poor’s announcement of the upgrade is enclosed in the following pdf-file:

Republic of Iceland LT FC Rating Raised To 'AA-' On Better Financial Stability, Outlook Stable (103 kb)

No. 4/2005
February 10, 2005