Standard&Poor's Ratings Services assigned its 'AA+' long-term rating, and stable outlook, to New Mexico Finance Authority's (NMFA or the authority) senior-lien state transportation refunding revenue bonds, series 2010A-1, issued for New Mexico State Transportation Commission, formerly known as New Mexico State Highway Commission. Standard&Poor's also assigned its 'AA' underlying rating (SPUR) to NMFA's series 2010A-2 subordinate-lien bonds. At the same time, Standard&Poor's affirmed its 'AA+' long-term rating on the authority's parity series 2004A, 2006A, and 2009A senior-lien state transportation revenue bonds, issued for the commission, and affirmed its 'AA' SPUR on NMFA's existing subordinate-lien bonds, including series 2004B and 2006B. The outlook is stable. The 'AAA' long-term rating on the adjustable-rate subordinate-lien 2008C and
