Foreign Borrowing

The Rebublic of Iceland issues long term debt on the international financial markets to some extent. Management of the loans aims for the composition of the loans to be efficiently mixed with respect to interest rates, maturity and currency composition.

Furthermore the redemption profile to be as smooth as possible in order to avoid large fluctuations in repayments between years. The largest single foreign loan outstanding is was 1 billion Euro issue.

By end of January 2018 the total foreign debt was 8.0 % is in US dollars and 92.0% in Euros.