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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11298 Dec 07

  • ID: 1717654
  • December 2007
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 11298, relating to state of Washington variable purpose general obligation bonds series 2005D, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. (A-1+). Citigroup Global Markets Reset Option Longs II-R Series 11298, relating to state of Washington variable purpose general obligation bonds series 2005D, are rated 'AAA'. The rating is based on the 'AAA' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citibank N.A. (A-1+). Optionally tendered ROCs that are not remarketed...

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

Action: New Rating

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Note: Product cover images may vary from those shown

- Washington
- Citigroup Global Markets ROCs/ROLs II-R Tr

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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