Jun 09 2017
Buyback result of nominal bonds RIKH 18 1009

Today at 11:00 pm, Government Debt Management did buy back Treasury Bonds in the series RIKH 18 1009. The auction was structured as a multiple-price auction, i.e. accepted bids were according to the price submitted. 

The main results of the auction were: 

RIKH 18 1009:
Number of bids in this series were 7, amounting to 27,130 m.kr. nominal value.
6 bids were accepted for 15,000 m.kr. nominal value. (2 bids allocated in full, 4 bids partly)
Price allocated from 99.980 to 99.990

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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.