Summary: Georgia Hsg and Fin Auth

Citigroup Global Markets Reset Option Certificates II-R Trust Series 423, relating to Georgia Housing and Finance Authority single-family mortgage bonds, 2005 series A, subseries A-2, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated underlying bond. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until Nov. 23, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 423, relating to Georgia Housing and Finance Authority single-family mortgage bonds, 2005 series A, subseries A-2, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bond.

...Citigroup Global Markets Reset Option Certificates II-R Trust Series 423, relating to Georgia Housing and Finance Authority single-family mortgage bonds, 2005 series A, subseries A-2, are rated '###/A-1+'. The long-term component of the rating is based on the '###' rated underlying bond. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until Nov. 23, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 423, relating to Georgia Housing and Finance Authority single-family mortgage bonds, 2005 series A, subseries A-2, are rated '###'. The rating is based on the '###' rated underlying bond. Complete ratings information is available to subscribers of RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find a Rating,...

Summary