S&P Global Ratings affirmed its 'AA+' rating, with a stable outlook, on Illinois Finance Agency's series 1999 taxable adjustable-rate single-family mortgage revenue bonds (the fresh rate mortgage revenue bond program). Ginnie Mae mortgage-backed securities secure the bonds. The rating reflects our opinion of the following: The very strong credit quality of the Ginnie Mae mortgage-backed securities, which we consider 'AA+' eligible under our criteria; The sufficiency of mortgage revenue and investment earnings to pay full and timely debt service on the bonds until maturity; The investment held with the JPMorgan U.S. Treasury Plus Money Market Fund (AAAm); and An asset-to-liability ratio of 106.42% as of Feb. 16, 2016. The rating also reflects the sovereign rating on the U.S. Assets providing
