05 March 2013

Fitch Ratings: full rating report on Iceland

Fitch Ratings has issued a full rating report on Iceland. The report follows the rating action of 14 February, when Iceland’s long-term foreign currency Issuer Default Rating (IDR) was upgraded to BBB and the long-term local currency IDR was affirmed at BBB+.

The agency has also affirmed the short-term foreign currency IDR at F3 and upgraded the Country Ceiling to BBB from BBB-. The outlook on both ratings is stable.

The report can be found here: Fitch Ratings Full Rating Report on Iceland, March 2013.pdf