Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004 - S&P Global Ratings’ Credit Research

Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004

Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004 - S&P Global Ratings’ Credit Research
Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004
Published Feb 22, 2008
1168 words — Published Feb 22, 2008
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA+/A-1' rating to DFA Municipal Trust Floating/Inverse Certificates Series 3004, relating to Pennsylvania Housing Finance Agency single family mortgage revenue bonds series 2007-100A. This is the first DFA Trust rated by Standard&Poor's. The long-term component of the rating is based on the 'AA+' rated underlying bond. The short-term component of the rating is based on a liquidity facility that is in the form of a liquidity agreement provided by Depfa Bank plc (A+/A-1). The floating certificates will evidence beneficial ownership of and the right to receive certain future payment of principal, interest and premium, if any, on an undivided interest in all maturities of the bonds deposited in the trust

  
Brief Excerpt:

RESEARCH Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004 Publication date: 22-Feb-2008 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004" Feb 22, 2008. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-DFA-Municipal-Trust-Floaing-Inverse-Certificates-Series-3004-632061>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: DFA Municipal Trust Floaing/Inverse Certificates Series 3004 Feb 22, 2008. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-DFA-Municipal-Trust-Floaing-Inverse-Certificates-Series-3004-632061>
  
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