NEW YORK (Standard&Poor's) April 18, 2011--Standard&Poor's Ratings Services today affirmed its 'AAA/A-1+' rating on Iowa Finance Authority's $7.7 million variable-rate demand solid waste disposal revenue bonds series 2006 (for the Ag Real Estate One L.P. project) due Oct. 1, 2031. The 'AAA' long-term component of our rating is based on the higher of our long-term issuer credit ratings on Farm Credit Services FLCA (not rated), the fronting letter of credit (LOC) provider, and Coöperatieve Centrale Raffeisen-Boerenleenbank B.A. (Rabobank Nederland), ('AAA'), the confirming LOC provider (collectively, the LOC providers), and addresses full and timely payments of interest and principal when the bondholders have not exercised the put option. The 'A-1+' short-term component of our rating is based
