Fitch Upgrades Iceland to ‘BBB’; Outlook Stable

Government Debt Management
Company Announcement

Fitch Upgrades Iceland to ‘BBB’; Outlook Stable

Fitch Ratings has upgraded Iceland’s Long-term foreign currency Issuer Default
Rating (IDR) to ‘BBB’ from ‘BBB-‘ and affirmed its Longterm local currency IDR
at ‘BBB+’. The agency has affirmed the Short-term foreign currency IDR at ‘F3’
and upgraded the Country Ceiling to ‘BBB’ from ‘BBB-‘. The Outlooks on the
Long-term IDRs are Stable. 



The Press Release can be approached here

Ríkissjóður Íslands

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Fitch Upgrades Iceland to ‘BBB’; Outlook Stable