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Think city officials are avoiding humiliation

Market participants familiar with the bond market say that the City of Reykjavík has wanted to avoid humiliation on the market by canceling a planned bond issue scheduled for today. The City announced after the close of the markets yesterday that the issue had been cancelled, for the second consecutive month. ....

Dagurb Eggertsson , Neither City Council , Mayor Dagur , In Depth Iceland News Coverage , Celand Weather Forecast And Information ,