notch below

With Outlook on the IDR Stable, Fitch has also affirmed the ratings on the senior perpetual capital securities issued by PCCC's subsidiaries, DianJian Haiyu Limited, Leader Goal International Limited and Dianjian International Finance Limited at 'BBB+', which is one notch below PCCC's IDR in accordance with Fitch's Corporate Hybrids Treatment and Notching Criteria.

Summary: New Delhi [India], Dec 7 (ANI): The people residing in the national capital woke up to a cold and hazy morning on Friday with mercury sinking to 11 degree celsius, one notch below the season's average, as per India Meteorological Department (IMD).

The volcano's warning level has remained one notch below the highest advisory since February, dpa reported.

The volcano's alert remained unchanged at one notch below the highest level, said Sutopo Nugroho, a spokesman for the National Disaster Management Agency.~ Bali's Ngurah Rai International Airport was unaffected but a Jet Star flight to Bali had been cancelled, he said.~ "There have been no effects on flights in Bali," he said."Bali is safe." The alert for the volcano was raised to the highest level on September 22, prompting more than 130,000 people to flee their homes and seek refuge~in temporary shelters fearing an imminent eruption.

BEH's (P)Ba1 corporate family rating has meanwhile been affirmed, with a stable outlook.The senior unsecured rating is positioned one notch below the corporate family rating, which reflects the structural subordination of the creditors at the holding company to those in the operating subsidiaries.

The maximum temperature on Saturday settled down at 38.5 degrees Celsius, one notch above the season,s average, while the minimum temperature was recorded at 27.2 degrees Celsius, a notch below the season,s average.

The positioning of Vakifbank's provisional rating one notch below

The maximum temperature was recorded four notches below the season's average at 16.3 degrees Celsius while the minimum settled a notch below normal at 6.8 degrees.

Despite its new classification, the bank's S&P rating is one notch below the Abu Dhabi sovereign score and that of some other GREs, including wholly state-owned funds Mubadala, International Petroleum Investment Co.

We expect the government debt to peak slightly above 70% of GDP.--The March data decline in industrial and construction output, retail sales, accompanied with higher unemployment rate were not supportive for GDP growth.--The Government published a programme that envisages the transfer of troubled assets into the Bad Bank in Jun-Sep this year, and the start of privatisation processes in September.--However, some shortcomings remain in the plans for spending cuts, privatisation of the largest state- owned bank, and the fiscal golden rule.--Moody's cut of the rating one notch below investment grade in April was followed by Fitchs cut to three notches above speculative grade (S&P is four notches).bne/Citi

Both banks' Viability Ratings (VR) have been affirmed at 'bbb+', one notch below their IDR.

The Philippine government's debt is currently rated at one notch below the much-coveted investment grade by Standard & Poor's and two notches below by Moody's and Fitch.

The programme rating is one notch below that of the bank's financial institution (FI) rating of AAA.

The rating on the subordinated bonds is one notch below FEIB's national long-term rating of A(twn), which has a "stable" outlook, in line with Fitch's rating criteria on subordinated bond instruments of financial institutions.

Fitch Ratings cut Cyprus to BBB on August 10, one notch below its rivals.