- Moody's issues annual sovereign credit report on Iceland

In its annual sovereign credit report on Iceland, Moody's Investors Service
says that it still considers Iceland to be an investment-grade country, despite
the country's current financial and economic crisis and the future challenges
it faces. However, Moody's is maintaining its negative outlook on the Baa1
rating because the economic outlook for Iceland remains uncertain and could
change quickly. 

Moody's report is attached.