R&I has downgraded Iceland's Foreign Currency Issuer Rating from AA+ to AA. Because the possibility of other actions targeting the entire financial sector in the future, including additional capital injections or subrogation of debt, cannot be dismissed, R&I has also placed the rating on the Rating Monitor with a view of downgrading.
R&I has downgraded Iceland's Foreign Currency Issuer Rating from AA+ to AA
NOTE: This article is from 30. September 2008 and is therefore more than 5 years old.