Standard&Poor's Ratings Services has assigned its 'AA' rating and stable outlook to the Metropolitan Transportation Authority (MTA), N.Y.'s $169.71 million dedicated tax fund (DTF) refunding bonds subseries 2008A-2a and 2008A-2b (floating-rate tender notes), based on an expected remarketing into a term mode with a weekly variable interest based on an adjusted Securities Industry and Financial Markets Association (SIFMA) rate index. After remarketing, the 2008A-2a bonds will be subject to mandatory repurchase on a mandatory purchase date, or at the option of the MTA on an optional purchase date, before their final maturity. The 2008A-2a bonds are due on Nov. 1, 2026, and the subseries 2008A-2b on Nov. 1, 2031. If there is an unsuccessful remarketing on a mandatory
