The U.K. government has pledged to be committed on the debt deal and is looking forward to finalize the agreement in due course of time, with Iceland after the mutilation of Icesave bank. The people of Iceland have rejected the deal between them.

The latest results depicts that the Icelanders are against the deal, which was agreed a year back, in which it was decided that Iceland shall repay Dutch and U.K. governments, EUR3.9 billion till they reach 2024 along with interest rates of 5.5% on the debt.

This was the money which was pooled in by the U.K. and Dutch governments to save the money invested by the U.K. and Dutch depositors in Icesave bank, which ruined due to the economic crisis.

After the deal was turned down by many voters, in which U.K. and Netherlands have made a nice offer of providing it a two-year window on the interest payments, resulting in a lower interest rate payable on the debt. But according to the bank, the offer is not of much help to them as it is not vision with a long term perspective. U.K. government’s hopes have been turned down by the bank not hurting it much either, after the Iceland vote results.

U.K. government is eagerly waiting for the response from the bank of Iceland and the center-left government for the poll results.