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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.

Report

Medium-Term Debt Management Strategy 2018-2022

This strategy, which lays down objectives and criteria for Government debt management during the period 2018-2022, is presented on the basis of the fiscal plan in accordance with the Article 38 of the Act on Public Sector Finances, no. 123/2015. The strategy is to be presented annually. The Medium-Term Debt Management Strategy is presented over a horizon of five years and is based on the previous Strategy, issued in autumn 2016. The Medium-Term Debt Management Strategy 2018-2022 lays down the government’s plans for financing its activities during this period. The aim is to map out a clear debt management policy with quantitative targets.

Medium-Term Debt Management Strategy 2018-2022 (Pdf)