NEW YORK (Standard&Poor's) April 2, 2014--Standard&Poor's Ratings Services has raised its ratings on AUSTIN Trust's series BOA 1055 variable certificates and BOA 1055A&B inverse certificates, relating to The Port Authority of New York&New Jersey's consolidated bonds, 146th series, to 'AA/A-1' and 'AA', respectively, from 'AA-/A-1' and 'AA-', respectively. The outlook is stable. This action follows Standard&Poor's March 19, 2014, raising of its rating on the underlying bonds by one notch to 'AA' from 'AA-'. (See, "Assured Guaranty Ltd.'s Various Operating Insurance Companies Upgraded to 'AA'; Outlook Stable", published March 18, 2014, on RatingsDirect.) The long-term component of the ratings on the variable and inverse certificates is based on the rating on the
