News

Dec 08 2017
Bond News
Fitch upgrades Iceland to ‘A’; outlook stable

Fitch Ratings announced today that it had upgraded Iceland‘s long-term foreign and local-currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A-’. The outlook is stable. The main rating drivers are economic stability, reduced external vulnerability and improvements in government debt ratios, supported by robust growth.

Report

Statistics

Date Event

Month

Actual

Last

Source

12.01 New car registration (MoM) NOV 1,190 1,296 BGS
11.30 Balance of Trade(ISK) OCT -144,2B -136,2B STI
11.28 Expectations Index NOV 124.0 125.3 Capacent
11.28 CPI - (YoY) NOV 1.7% 1.9% STI
11.22 Wage Index (MoM) OCT 0.1% 0.8% STI
11.22 Wage Index (YoY) OCT 7.2% 7.4% STI
11.20 Building Cost Index (YoY) NOV 4.5% 3.8% STI
11.15 Central Bank Policy Rate (7-day term deposits) NOV 4.25% 4.25% CB
11.14 Unemployment OCT 1.9% 1.8% VMS
11.14 International Reserves of the CB OCT 679,7B 688,4B CB
11.14 Credit Card Purchases (YoY) OCT 6.3% 4.0% CB

Upcoming events

Dec
13

Central Bank Policy Rate

Dec
14

Internationals Reserves of the CB

Dec
15

Unemployment

Auctions

Source GDM
 
Time of close
 
Series
 
Actual
Last
auction
Target
amount
Actual
amount
 
Source
11:00 11.10.2017
RIKB 28 1115 4.83% 4.93% Open 1,930m GDM
11:00 10.20.2017
RIKB 22 1026 4.85% 4.97% Open 2,470m GDM
11:00 10.12.2017
RIKV 18 0416 4.24% 4.49% Open 3,900m GDM
11:00 10.06.2017
RIKB 28 1115 4.93% 5.16% Open 1,950m GDM
11:00 09.13.2017
RIKV 18 0315 4.49% 4.50% Open 2,700m GDM
Non-indexed Movement Price Yield
RIKV 17 1215 99.99 1.35
RIKV 18 0115 99.61 4.03
RIKV 18 0215 99.24 4.18
RIKV 18 0315 98.91 4.24
RIKV 18 0416 98.52 4.31
RIKV 18 0515 98.18 4.32
RIKB 19 0226 105.06 4.35
RIKB 20 0205 103.15 4.67
RIKB 22 1026 110.73 4.73
RIKB 25 0612 119.82 4.79
RIKB 28 1115 100.96 4.88
RIKB 31 0124 115.01 4.92
Indexed Movement Price Yield
RIKS 21 0414 105.55 2.06
HFF150224 104.74 2.25
RIKS 30 0701 115.60 1.85
HFF150434 114.60 1.97
HFF150644 123.30 1.95
Current Value 446.00
12 Months Change* 1.73%
3 Months Change* 1.81%
Last Month Change -0.16%
Daily CPI 446.00
* Annualized rates

News from Statistics Iceland