The Pakistan Credit Rating Agency Limited
Press Release


Rai Umar Zafar

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This press release is being transmitted for the sole purpose of dissemination through print/electronic media. The press release may be used in full or in part without changing the meaning or context thereof with due credit to PACRA

PACRA Maintain Entity Ratings of NIT Government Bond Fund

Rating Type Performance Ranking
Action Withdraw Declined
Long Term 4-Star 4-Star
Short Term 3-Star 3-Star
Outlook - -
Rating Watch - -

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About the Entity
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The primary function of PACRA is to evaluate the capacity and willingness of an entity to honor its obligations. Our ratings reflect an independent, professional and impartial assessment of the risks associated with a particular instrument or an entity. PACRA's comprehensive offerings include instrument and entity credit ratings, insurer financial strength ratings, fund ratings, asset manager ratings and real estate gradings. PACRA opinion is not a recommendation to purchase, sell or hold a security, in as much as it does not comment on the security's market price or suitability for a particular investor.