NY -- Standard&Poor's CreditWire 10/22/98 – Standard&Poor's today assigned its triple-`A' rating to Minnesota's $300.18 million GO state various and refunding bonds series 1998 dated Nov. 1, 1998 due Nov. 1, 1999-2018. The bonds are scheduled to sell Oct. 27, 1998. Standard&Poor's affirmed its triple-`A' rating on the state's outstanding $2.3 billion GO bonds and $30.8 million taxable GO bonds. The rating reflects: -- A deep, steadily growing economy that is diversified among services, trade, and manufacturing; -- Strong financial management systems with significant financial reserves; and -- A moderate debt burden with manageable future capital needs. While some concentration exists in the manufacturing base, Minnesota's economic diversity enables the state to perform well
