Iceland reduces the number of solicited credit ratings

The Republic of Iceland has solicited credit ratings from three credit rating agencies: Fitch Ratings, Moody’s Ratings and S&P Global Ratings.

In the autumn of 2025, following an RfP process, the Ministry of Finance and Economic Affairs has decided to reduce the number of solicited credit ratings from three to two.

Contracts on solicited credit ratings will be continued with Moody‘s Ratings and S&P Global Ratings.