The credit default swaps (CDS) on the Icelandic state treasury continue to drop. However, Iceland is now down to eighth place on the list of nations most likely to suffer state bankruptcy; Iceland has ranked fifth on the list since the banking collapse of 2008.
Photo by Páll Stefánsson.
According to yesterday’s newsletter by the CMA market data service, the CDS on the Icelandic state treasury is currently at 514 points, which is a decrease of ten points, or two percent, since Monday, visir.is reports.
The newsletter also revealed that Iceland is in a group of four nations where the CDS has undergone a significant decrease between days.
According to visir.is, Statistics Iceland reported today that the 12-month inflation in Iceland is currently at 7.3 percent, up from the 6.6 percent measured last month.
Click here to read more about the inflation.