Mar 17 2017
Republic of Iceland Ratings Raised To 'A/A-1' Outlook Stable

• We believe that the recent lifting of most of the remaining capital controls and
the conclusion of an agreement with the owners of offshore krona assets strengthen
Iceland's external profile.
• We are therefore raising our long- and short-term ratings on Iceland to 'A/A-1'
from 'A-/A-2'.
• The stable outlook reflects our view that the potential for improvements in
Iceland's public finances is balanced by the risk of the domestic economy
overheating over the next two years.

S&P report

More news

Feb 21 2018
Bond News
Switch auction of nominal bonds RIKB 22 1026 & RIKB 28 1115

On Friday, 23 February at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. 

In this auction nominal bonds RIKB 22 1026 and RIKB 28 1115 will be offered. The total amount of accepted bids will be announced after the auction. 

NOTE it is only possible to purchase bonds in RIKB 22 1026 and in RIKB 28 1115 with the sale of RIKB 19 0226, which matures on 26 February 2019. Government Debt Management will purchase RIKB 19 0226 at a pre-determined price – that is, at a clean price of 104.193 (104.240945 with accrued interest per 100 nominal value) – with settlement on 28 February 2018. To clarify, this price is equivalent to 4.35% yield. The value of the bond, together with accrued interest, will constitute payment for the new issued bonds.

Press release(pdf) 

Terms of Swichoperation (pdf)