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Prospect News home > News index > List of issuers T > Headlines for Texas > News item
Published on 3/18/2008 in the Prospect News Municipals Daily.

Fitch gives Texas Veterans Housing bonds AA+/F1+

Fitch Ratings said it assigned ratings of AA+/F1+ to the State of Texas' $50 million of (general obligation bonds) Veterans' Housing Assistance Program Fund II, series 2008A.

The AA+ rating is based on the state's G.O. rating. The short-term rating is based on a standby bond purchase agreement from Dexia Credit Local, New York Branch.

The outlook is stable.


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