Summary: New York State Dec 05
- ID: 1755005
- December 2005
- Region: New York
- Standard & Poors
Wachovia Bank, N.A., Municipal Exempt Receipts Liquidity Optional Tender Series, series 2005B02, relating to Dormitory Authority of The State of New York, State Personal Income Tax Revenue bonds (Education), Series 2005F, is rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, Ambac-insured underlying bond. The short-term component of the rating is based on the liquidity facility provided by Wachovia Bank, N.A. until Dec. 8, 2006. The stable outlook is based on the outlook of the bond insurer....
Companies mentioned in this report are:
- New York State
- Dorm Auth of the St of New York
Action: New Rating
Action: Outlook: Stable
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