- S&P Revises Icelandic Housing Finance Fund Outlook To Negative On Sovereign Outlook Change


On Nov. 20, 2007, Standard & Poor's Ratings Services revised its outlook on the
sovereign credit ratings on Ibudalanasjodur, the Icelandic Housing Financing
Fund (HFF), to negative from stable. At the same time, the 'A+/A-1' foreign
currency and 'AA-/A-1+' local currency ratings were affirmed. 

The outlook revision reflects the corresponding change in outlook in the
ratings on the Republic of Iceland. 

See S&P official release in attachment.

Attachments

sp - hff revised outlook.pdf