News

Moody’s Ratings (Moody's) has upgraded the local and foreign-currency long-term issuer ratings of the Government of Iceland to A1 from A2 and changed the outlook to stable from positive. The key drive...

In the fiscal budget proposal for 2025, introduced today, emphasis is placed on the prioritization of government spending in favour of vulnerable groups within existing expenditure frames and on impro...

Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Iceland's 'A' rating is underpinned by its very high income per capita and gov...

Earlier this summer, the State's Financial Management Authority, on behalf of the Ministry, advertised for coordinators for the offering of the state’s holdings in Íslandsbanki, targeting both domest...

The Parliament of Iceland passed a law on June 23rd on the commencement of a sales process for the state's holdings in Íslandsbanki hf. The law stipulates that the state's share in the bank will be so...

The Republic of Iceland has issued a gender bond in the amount of 50 million Euros, the equivalent of ISK 7.5 billion. The bond bears a 3.4% fixed rate coupon and has a 3-year maturity. The bonds are ...

Sigurður Ingi Jóhannsson, Minister of Finance and Economic Affairs, opened for the day's trading on the London Stock Exchange. The Market opening follows the Treasury’s successful issuance of EUR 750 ...

Today the International Monetary Fund published its Staff Concluding Statement after consultations with the Icelandic Government and other stakeholders over the past two weeks. The meetings were part ...

S&P Global Ratings has affirmed 'A+/A-1' long- and short-term foreign and local currency sovereign credit ratings on Iceland. The outlooks on the long-term ratings are stable. The stable outlook r...

During the period of the government‘s Fiscal Strategy Plan for 2025-2029, presented today by Sigurður Ingi Jóhannsson, Minister of Finance and Economic Affairs, emphasis will be placed on moderate exp...

Today the Republic of Iceland issued a green bond in the amount of 750 million euros, the equivalent of ISK 111 bn. The bond bears a 3.5% fixed rate coupon, a reoffer yield of 3,636% and a 10 year mat...

Fitch Ratings has affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Iceland's 'A' rating is underpinned by its very high income per capita and gov...

The Minister of Finance and Economic Affairs, on behalf of ÍL-sjóður (HF Fund) and the Icelandic State, and representatives of 18* pension funds, which together hold the largest share of bonds to whi...

The Ministry of Finance and Economic Affairs has published Medium-Term Debt Management Strategy for the period 2024-2028. The MTDMS is presented on the basis of the fiscal plan, in accordance with Art...

Prioritization in government finances, continued fiscal consolidation and support in reducing inflation are reflected in the 2024 budget, which has been approved by Parliament. The budget reflects the...

S&P Global Ratings has upgraded Iceland ´s long-term foreign and local currency credit ratings to 'A+' from 'A'. The outlook is stable. The upgrade reflects Iceland's continued strong growth momen...

Iceland was the fastest growing European economy in the first half of the year. 1Rapid growth has gone hand-in-hand with a buoyant labour market, with negligible unemployment and 30,000 more employed ...

The overall outcome of Part A-1 of the Government accounts for 2022 is nearly ISK 100m more favourable than was provided for in the 2022 National Budget, and about ISK 50bn better than estimated in la...

Fitch Ratings has affirmed Iceland´s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. According to Fitch, Iceland's ‘A’ rating is underpinned by its very high incom...

Moody’s Investors Service (Moody’s) has today changed the outlook on Government of Iceland’s ratings to positive from stable and affirmed the local and foreign-currency issuer ratings at A2. The key...