Iceland foresees difficulty in redeeming samurai bond issue

Iceland foresees difficulty in redeeming samurai bond issue

REYKJAVIK, Iceland - Icelandic President Olafur Ragnar Grimsson speaks in an interview with Kyodo News in the suburbs of Reykjavik on Nov. 13. The president indicated that an Icelandic bank hit by the global financial crisis could find it difficult to redeem debt issues including a 50 billion yen samurai bond issue in Japan.

ICELAND-REYKJAVIK-ARCTIC CIRCLE ASSEMBLY 2022-OPENING

ICELAND-REYKJAVIK-ARCTIC CIRCLE ASSEMBLY 2022-OPENING

(221014) -- REYKJAVIK, Oct. 14, 2022 (Xinhua) -- Olafur Ragnar Grimsson (L) , former Icelandic president and chairman of Arctic Circle, hosts the Q&A session with a guest during the Arctic Circle Assembly 2022 in Reykjavik, Iceland, Oct. 13, 2022. The Arctic Circle Assembly 2022 kicked off here Thursday with a record 2,000 participants from almost 70 countries and regions. (Xinhua/Chen Jing)

ICELAND-REYKJAVIK-ARCTIC CIRCLE ASSEMBLY 2022-OPENING

ICELAND-REYKJAVIK-ARCTIC CIRCLE ASSEMBLY 2022-OPENING

(221014) -- REYKJAVIK, Oct. 14, 2022 (Xinhua) -- Olafur Ragnar Grimsson, former Icelandic president and chairman of Arctic Circle, speaks at the opening ceremony of the Arctic Circle Assembly 2022 in Reykjavik, Iceland, Oct. 13, 2022. The Arctic Circle Assembly 2022 kicked off here Thursday with a record 2,000 participants from almost 70 countries and regions. (Xinhua/Chen Jing)

ICELAND-REYKJAVIK-THE GOVERNANCE OF CHINA-ICELANDIC EDITION

ICELAND-REYKJAVIK-THE GOVERNANCE OF CHINA-ICELANDIC EDITION

(221012) -- REYKJAVIK, Oct. 12, 2022 (Xinhua) -- Former Icelandic President Olafur Ragnar Grimsson delivers a speech during the event to launch the Icelandic edition of the first volume of "Xi Jinping: The Governance of China" in Reykjavik, Iceland, Oct. 11, 2022. (Xinhua/Chen Jing)

Iceland foresees difficulty in redeeming samurai bond issue

Iceland foresees difficulty in redeeming samurai bond issue

REYKJAVIK, Iceland - Icelandic President Olafur Ragnar Grimsson speaks in an interview with Kyodo News in the suburbs of Reykjavik on Nov. 13. The president indicated that an Icelandic bank hit by the global financial crisis could find it difficult to redeem debt issues including a 50 billion yen samurai bond issue in Japan. (Kyodo)