NEW YORK (Standard&Poor's) Nov. 30, 2001—Standard&Poor's today assigned its double-'A' rating to Albuquerque, N.M.'s $30 million joint water and sewer system revenue bonds series 2001 dated Dec. 1, 2001, due July 1, 2013. The bonds are scheduled to sell on Dec. 3, 2001. At the same time, Standard&Poor's affirmed its double-'A' rating on Albuquerque's outstanding joint water and sewer system series 1990A-1990C, 1992, 1994A, 1995, and 1997, issued for Albuquerque Joint Water and Sewer System. The outlook is stable. The rating reflects the following credit strengths: -- A service area economy demonstrating depth and breadth as it serves as the state's primary economic center, -- Strong financial performance supported by conservative debt management policies,
