Standard&Poor's Ratings Services assigned its 'AA-/A-1' and 'AA-' ratings to AUSTIN Trust's variable certificates and inverse certificates series BOA 1055, respectively, relating to The Port Authority of New York&New Jersey's consolidated bonds 146, second and fourth installments. The long-term component of the rating on the variable and inverse certificates is based on the rating on the underlying bonds (AA-). The short-term component of the rating on the variable certificates is based on the rating on Bank of America N.A until Aug. 15, 2012. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement
