Beint í leiðarkerfi vefsins.
Today the Government Debt Management on behalf of the Treasury and Primary Dealers signed agreements regarding Issuance and Market Making in Treasury securities. The objective of the agreements is to maintain the Treasury’s access to loan financing and to enhance price formation in the secondary market for Government securities.
As of 1 April 2013, five financial undertakings have been appointed as “Primary Dealers in Treasury securities”. They are: Arion Bank, Islandsbanki, Landsbankinn, MP Bank and Straumur Investment Bank.Press release (pdfSample of agreement (pdf)
Moody's Investors Service has today changed the outlook on the Baa3 rating of the Government of Iceland to stable from negative. The country's Baa3/Prime-3 long and short-term ratings remain unchanged.
Moody's decision to revise the outlook to stable is based on the reduced event risk following the European Free Trade Association's (EFTA) Court decision in January, which adds to a series of positive developments in Iceland over the past 12 months.
Standard & Poor's have today affirmed Iceland's BBB-/A-3 long- and short-term sovereign credit ratings and their stable outlook.
Read more (pdf)
Rating agency Moody’s Investors Service has published an Issuer Comment following Iceland’s early part-prepayment of foreign debt. Moody’s views the transaction as a positive step but is of the opinion that capital account liberalisation will remain challenging.
Moody´s issued its credit rating for the Government of Iceland on February 22nd. The rating was unchanged Baa3 for long term debt and P-3 for short term. Outlook is negative. Moody´s credit rating is as follows:
Moody´s Rating (pdf)
Standard & Poor's affirmed today an unchanged credit rating for BBB-/A-3 on long and short term of Iceland's foreign and local currency. The outlook was revised to stable from negative.
Highlights of Standard and Poor's statement:
• The Republic of Iceland's economy is recovering from the systemic failure
of its three largest banks, and has returned to positive economic growth
after two years of severe contraction.
• In our view, significant headway has been made in restructuring the
private-sector balance sheet and we expect the process to be mostly
completed by mid-2012.
• We are therefore revising the outlook on the ratings on Iceland to stable
from negative, which balances our view of Iceland's improved economic
fundamentals with downside risks associated with capital controls being
lifted in the next few years.
• We are also affirming the 'BBB-/A-3' sovereign ratings on Iceland.
Moody's published on the 15th and 16th of November an opinion on the Republic of Iceland credit rating. Sovereign credit ratings are Baa3 for long-term and P-3 for short-term obligations. The outlook is negative. Both statements of the Rating agency can be seen below.
Moody's Credit Opinion Nov 2011.(pdf)
Moody's Issuer Comment Nov 2011.(pdf)
* Annualized rates