The rating on the Georgia Housing and Finance Authority's bonds reflects: * Strong credit quality of the pool of conventional mortgages, * Fully funded reserves and sufficient liquidity, * High credit quality of insurance supporting the mortgages, * Credit quality of the investments, and * Sufficiency of cash flows. The series 1999A bonds are being issued in order to make monies available to originate and acquire new mortgage loans and pay cost of issuance. Proceeds from the sale of the bonds will be deposited in an investment agreement with a provider whose rating is at least `AA-/A-1+'. The bonds are on parity with 29 prior series of bonds under the resolution that was opened on Nov. 10, 1976. Currently, there
