The rating on Albuquerque, N.M.'s subordinate-lien adjusted refunding series 1995 bonds has been affirmed subsequent to the bank facility being extended to Feb. 24, 2007. The long-term component of the rating is based on Ambac Assurance Corp., and the short-term component of the rating is based on AIG Liquidity Corp. The stable outlook is based on the outlook of the bond insurer, Ambac Assurance Corp.