Credit ratings

Ratings of Icelandic Treasury bonds: Foreign currency

Affirmed Long-term Short-term Outlook
Moody's Investors Service Jul. 2009 Baa3 P-3 Negative
Standard & Poor's Mar. 2010 BBB- A-3 Negative
Fitch Jan. 2010 BB+ B Negative
R&I - Rating of Japan Oct. 2008 BBB- Rating monitor


Ratings of Icelandic Treasury bonds: Domestic currency

Affirmed Long-term Short-term Outlook
Moody's Investors Service Jul. 2009 Baa3 P-3 Negative
Standard & Poor's Mar. 2010 BBB A-3 Negative
Fitch Jan. 2010 BBB- Negative