The banks were rendered insolvent, with debts so large that they could not possibly have been bailed out by Iceland’s government. The stock market, heavy in financial shares, plummeted.

Data Source: HMS. In general, the rental market in Iceland has grown in importance over the past decades, leading to an increased share of rental properties in the overall dwelling stock, accelerated ...

Iceland Seafood has concluded a sale of 3.5-year unsecured bonds in the new series ICESEA 28 10. Total amount sold is ISK 4.000 million at a yield of 9.95%, where total issuance in the series is ...