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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Karachi, March 29, 2012: Following the revision in fund stability rating methodology, JCR-VIS Credit Rating Company Limited has harmonized the fund stability rating (FSR) of Meezan Sovereign Fund (MSF) from ‘AA+(f)’ (Double A Plus(f)) to ‘AA(f)’ (Double A (f)).
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Karachi, March 29, 2012: JCR-VIS Credit Rating Company Limited has harmonized the Fund Stability Rating (FSR) of UBL Liquidity Plus Fund (ULPF) at ‘AA+(f)’ (Double A Plus (f)).
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Karachi, March 29, 2012: JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has harmonized the Fund Stability Rating of UBL Islamic Savings Fund (UISF) at 'AA - (f)' (Double A Minus (f)).
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Karachi, March 29, 2012: JCR-VIS Credit Rating Company Limited has harmonized the Fund Stability Rating (FSR) of UBL Savings Income Fund (USIF) at 'AA - (f)' (Double A Minus (f)).
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Karachi, March 29, 2012: JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has assigned initial Fund Stability Rating of 'A+(f)' (Single A Plus (f)) to UBL Government Securities Fund (UGSF).
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Karachi, March 29, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the fund stability rating (FSR) of Faysal Money Market Fund (FMMF) at 'AA+(f)' (Double A Plus(f)).