LONDON (Standard&Poor's CreditWire) Feb. 23, 2000--Standard&Poor's today assigned its single-'A'-plus long-term rating to the Republic of Iceland's seven-year euro 200 million bond. At the same time, Standard&Poor's affirmed the following ratings on the Republic: -- Double-'A'-plus long-term local currency issuer credit and senior unsecured ratings. -- 'A-1'-plus short-term local currency issuer credit and short-term debt ratings. -- Single-'A'-plus long-term foreign currency issuer credit and senior unsecured ratings. -- 'A-1'-plus short-term foreign currency issuer credit and commercial paper ratings. The local currency outlook remains stable, and the foreign currency outlook remains positive. All ratings, and the positive foreign currency rating outlook are supported by: -- Strong public finances. Years of fiscal prudence and strong economic
