Fitch Revises Iceland’s Outlook to Positive; Affirms at ‘BBB’
Fitch ratings has revised the Outlook on Iceland’s Long-Term foreign currency and local currency IDRs to ‘Positive ‘ from ‘Stable ‘ and affirmed the ratings at ‘BBB’ and ‘BBB+’ respectively.
MoreAmended Terms of Auction for the purchase of Icelandic krónur by the Central Bank of Iceland in exchange for foreign currency
The Central Bank of Iceland has amended the Terms of Auction for the Bank’s purchase of Icelandic krónur in exchange for foreign currency. The auction that was announced on 9 December 2014 will be held on 10 February 2015.
MoreMonetary Policy Committee report to Parliament
The Monetary Policy Committee report to Parliament on the Committee's work during the latter half of 2014 has been published on the Central Bank’s website.
MoreS&P affirms Iceland at ‘BBB-’; Outlook positive
Standard & Poor‘s have affirmed Iceland‘s long-term rating at ‘BBB-’ and short-term rating at A-3. The outlook remains positive.
MorePublication dates for Iceland's sovereign credit ratings
The credit rating agencies Standard & Poor’s and Fitch are required to publish the issuance dates of EU member states’ credit ratings pursuant to Regulation no. 462/2013. The purposes of the regulation are to enhance transparency in rating agencies’ operations, improve the rating process, and increase the companies’ responsibility for the credit ratings, which have a demonstrable effect on the credit terms offered to EU member states.
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