01 August 2014

Fitch Ratings affirm Iceland at ‘BBB’; Outlook stable

Fitch Ratings have affirmed Iceland’s long-term foreign and local currency IDRs at ‘BBB’ and ‘BBB+’ respectively. The issue ratings on Iceland’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB’ and ‘BBB+’ respectively. The outlook on the long-term IDRs are stable. The Country Ceiling is affirmed at ‘BBB’ and the short-term foreign currency IDR at ‘F3’.

See the press release from Fitch Ratings here: Fitch Ratings Press Release (pdf)