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Summary: District of Columbia Hsg Fin Agy, DC Nov 05

Standard & Poors, November 2005

Abstract
Ribco Trust floating rate trust receipts series 2005 FR-L22, relating to District of Columbia Housing Finance Agency single-family mortgage revenue bonds series 2005 A, are rated 'AAA/A-1'. The long-term component of the rating is based on the 'AAA' rated underlying bonds. The short-term component of the rating is based on a liquidity facility in the form of a line of credit provided by Lehman Liquidity Co. LLC and guaranteed by Lehman Brothers Holding Inc. until Dec. 1, 2025. Ribco Trust residual interest trust receipts series 2005 RI-L22, relating to District of Columbia Housing Finance Agency single-family mortgage revenue bonds series 2005 A, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bonds....

Companies mentioned in this report are: District of Columbia Hsg Fin Agy,Ribco Tr
Action: New Rating

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.

District of Columbia Hsg Fin Agy,Ribco Tr

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