Standard&Poor's Ratings Services assigned its 'A-1/A-1 (sf)' rating to Bank of America N.A.'s series JVI-1008 floating-rate joint venture interests (JVIs), relating to Metropolitan Transportation Authority, N.Y.'s series 2013A-1 transportation revenue bonds. The 'A-1' credit rating is based on the short-term rating on the swap agreement provider, Bank of America N.A. (A-1). The credit enhancement is scheduled to expire on Nov. 15, 2015, unless either extended or terminated beforehand pursuant to its terms. The underlying asset bears interest at the sum of (a) the SIFMA (Securities Industry and Financial Markets Association) Index and (b) 0.65%, subject to a maximum rate of 15%, in accordance with constituent documents for the underlying bonds. The 'A-1' dual rating is based on the
