06 April 2010

Moody's: Iceland's ratings outlook changed to negative from stable

The sovereign ratings company Moody's Investors Service has today changed the outlook for the Icelandic government's Baa3 ratings to negative from stable, prompted by ongoing uncertainty related to the country's external liquidity. The outlooks on the Baa2 foreign currency bond ceiling and Baa3 foreign currency deposit ceiling were also changed to negative from stable.

Moody's Announcement is here:

Moody's Announcement 6 April 2010 (pdf)