NEW YORK (Standard&Poor's CreditWire) Dec. 23, 1999-- Standard&Poor's today affirmed the short-term ratings on 18 Landesbank Hessen-Thüringen Girozentrale liquidity-backed issues and removed them from CreditWatch negative. This action follows the revised CreditWatch status of Landesbank Hessen-Thüringen Girozentrale, resulting in only the long-term rating being placed on CreditWatch Negative, Standard&Poor's said. -- CreditWire 18 LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE LIQUIDITY-BACKED MUNICIPAL ISSUES Issuer/Issue Amt($mil) Rtg Central Utah Water Conservatory District GO limited-tax refunding bonds (variable-rate tender option bonds) series 1998E 59.510 AAA/A-1+ GO limited-tax refunding bonds (variable-rate tender option bonds) series 1998F 36.255 AAA/A-1+ Intermountain Power Agency, UT Variable-rate power supply revenue refunding bonds series 1985E and 1985F 250.000 AAA/A-1+ Variable-rate power supply revenue refunding bonds series