05 March 2008

Moody's Assigns Negative Outlook to Iceland's Rating

Today, Moody's Investors Service issued the following statement:

Moody's has changed its outlook to negative from stable on Iceland's Aaa government bond ratings and Iceland's country ceiling on foreign currency bank deposits. The outlooks on the Aaa/P-1 long- and short-term country ceilings for bonds and notes, both domestic and foreign currency, and the Aaa local currency bank deposit ceiling remain stable.

Moody's announcement

No. 8/2008
March 5, 2008