03.07.2014 19:27:00
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Puerto Rico Government Investment Trust Fund -- Moody's downgrades Puerto Rico Government Investment Trust Fund
New York, July 03, 2014 -- Moody's Investors Service has downgraded the Puerto Rico Government Investment Trust Fund (PRGITF) to A-mf from Aaa-mf. PRGITF is a collective investment trust sponsored by the Government Development Bank (GDB) and the Secretary of the Treasury of Puerto Rico. Investors in the fund are limited to the Puerto Rico Commonwealth's central government, its public corporations, instrumentalities and agencies, and municipalities.