Oct 10 2017
Results of additional issuance RIKB 28 1115

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 6 October, at the price of accepted bids. This time Primary Dealers did exercise their right to purchase in RIKB 28 1115 in amount of 47 m.kr. Total outstanding nominal value of RIKB 28 1115 after the auction is now 39,090,101,519. Settlement date is 11 October 2017.

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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)