Summary: California May 04
- ID: 1754824
- May 2004
- Region: California
- Standard & Poors
Morgan Stanley & Co. Inc. Trust floater certificates series 2004-930, relating to California economic recovery bonds series 2004A, are rated 'AAA/A-1'. The long-term component of the rating is based on the MBIA-insured underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley and a liquidity facility provided by Morgan Stanley Municipal Funding Inc. until May 19, 2005. Morgan Stanley & Co. Inc. Trust residual certificates series 2004-930, relating to California economic recovery bonds series 2004A, are rated 'AAA'. The rating is based on the MBIA-insured underlying bond....
Companies mentioned in this report are:
- Morgan Stanley & Co Inc Tr
Action: New Rating
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