News
Standard & Poor´s confirms Iceland sovereign rating with negative implications
Standard & Poor's have today announced the Icelandic electorate's resounding rejection at a referendum of legislation to compensate the governments of The Netherlands and the United Kingdom for their deposit insurance outlays on failed Icelandic internet bank Icesave has no immediate effect on the sovereign ratings.
Iceland's sovereign rating , BBB-/A-3 foreign currency ratings and BBB+/A-2 local currency ratings is still on CreditWatch with negative implications.
Here is Standard & Poor's original press release:
Standard and Poors press release March 8 2010.pdf
Central Bank´s press release can also be found here.
