The Merrill Lynch Puttable FLOATs/RITES Trust Series PT-1410, relating to the District of Columbia (Washington D.C.) Gallery Place Project tax increment revenue bonds series 2002, is rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from Merrill Lynch&Co., Inc., and the expiration date of the liquidity facility is April 15, 2003. The Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt securities receipts series PT-1410, relating to the District of Columbia (Washington D.C.) Gallery Place Project tax increment revenue bonds series 2002, is rated 'AAA'. The long-term component of the rating is based on the FSA-insured underlying bond.
