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FITCH CLARIFIES RATING USAGE -- FITCH FINANCIAL WIRE --

 FITCH CLARIFIES RATING USAGE -- FITCH FINANCIAL WIRE --
 NEW YORK, Sept. 28 /PRNewswire/ -- In response to several queries,


Fitch is providing clarification of the sage of its short-term rating scale. 'F-1' is Fitch's highest short-term rating category and within that category, 'F-1+' is used to distinguish exceptionally strong credit quality. Securities rated both 'F-1' and 'F-1+' qualify under Rule 2a-7 as "First Tier Securities".
 -0- 9/28/92
 /CONTACT: Claire G. Cohen of Fitch, 212-908-0552/ CO: Fitch Investors Service ST: New York IN: FIN SU:


PS -- NY053 -- 4026 09/28/92 14:43 EDT
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Publication:PR Newswire
Date:Sep 28, 1992
Words:93
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