Iceland Ratings Raised to BBB+ On Further Progress Toward Capital Account Liberalization And Declining Debt Levels
On January 15, 2016, Standard & Poor’s Ratings Service raised its long-term sovereign credit ratings on Iceland to BBB+. At the same time, they affirmed the short-term ratings at A-2. Standard & Poor’s also raised the Transfer & Convertibility Assessment to BBB+ from BBB. The outlook on the long-term ratings is stable.
See the press release from S&P here: Iceland press release 15 January 2016.pdf