Summary: Metropolitan Transp Auth, NY Jul 05

Standard & Poors, July 2005

Abstract
The rating on Citigroup Global Markets Reset Option Certificates II-R Trust Series 258, relating to Metropolitan Transportation Authority, N.Y. transportation revenue refunding bonds series 2002A, has been affirmed, due to the deposit of additional bonds. The rating on Citigroup Global Markets Reset Option Longs II-R Trust Series 258, relating to Metropolitan Transportation Authority, N.Y. transportation revenue refunding bonds series 2002A, has been affirmed, due to the deposit of additional bonds. The stable outlook is based on the outlook of the bond insurance provider, Financial Security Assurance Inc....

Companies mentioned in this report are:
- Metropolitan Transp Auth
- Citigroup Global Markets ROCs/ROLs II-R Tr

Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Metropolitan Transp Auth
- Citigroup Global Markets ROCs/ROLs II-R Tr

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