Moody's Assigns Negative Outlook to Iceland's Rating
Today, Moody's Investors Service issued the following statement:
Moody's has changed its outlook to negative from stable on Iceland's Aaa government bond ratings and Iceland's country ceiling on foreign currency bank deposits. The outlooks on the Aaa/P-1 long- and short-term country ceilings for bonds and notes, both domestic and foreign currency, and the Aaa local currency bank deposit ceiling remain stable.
March 5, 2008