NEW YORK (Standard&Poor's CreditWire) Feb. 16, 1999--Standard&Poor's today assigned its double-'A' rating to Albuquerque, N.M.'s $21.63 million GO general purpose and storm sewer bonds series 1999A and B dated Feb. 1, 1999 due July 1, 2008. The bonds are scheduled to sell Feb. 17, 1999. At the same time, Standard&Poor's affirmed its double-'A' rating on the city's outstanding GO general purpose and sewer bonds. The rating is based on the city's full faith and credit pledge and reflects: -- An expanding economy based in services, trade, and government; -- Average income indicators; -- Sound financial operations and position; and -- Moderately low and rapidly maturing debt. Albuquerque (population 436,000) is New Mexico's largest city
