R&I Rating of Japan today announced its first rating for the Republic of Iceland, assigning it a foreign currency issuer rating of AA+. The outlook is stable. The rating is announced in connection with a formal request by Kaupthing Bank for a rating from the agency. R&I Ratings also decided to assign a rating to the Republic of Iceland, although this had not been requested by the authorities.
For further information, contact Sturla Pálsson, Director of the International and Market Operations Department at the Central Bank of Iceland, tel. +354-569-9600.
No. 10/2007
June 6, 2007