BOSTON (Standard&Poor's) Jan. 17, 2008--Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Harvard University, Mass.' $389 million taxable revenue bonds series 2008A. At the same time, Standard&Poor's affirmed its 'AAA' long-term rating on the university's revenue bonds and its 'A-1+' short-term rating on the university's variable-rate demand bonds and CP notes, issued by the university or various authorities. The outlook is stable. "The stable outlook reflects our expectation that Harvard University will maintain its impressive demand and financial resources, which continue to exceed operating expenses and fixed obligations," said Standard&Poor's credit analyst Marc Savaria. "We also expect that additional financial resources will offset any significant capital expansion of facilities on the
