Fitch Ratings affirms Iceland’s sovereign rating at BBB+ with a stable outlook

NOTE: This article is from 15. July 2016 and is therefore more than 5 years old.

Fitch Ratings has affirmed Iceland’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB+’ and ‘A-’ respectively with Stable Outlooks. The issue ratings on Iceland’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BBB+’ and ‘A-’. The Country Ceiling has been affirmed at ‘BBB+’ and the Short-term foreign currency IDR and CP at ‘F2’.

See Fitch Rating’s rating action commentary here: Fitch Affirms Iceland at ´BBB+´; Outlook Stable