Standard&Poor's Ratings Services assigned its 'AAA/A-1+' dual rating and 'AA-' underlying rating (SPUR) to the Metropolitan Transportation Authority (MTA), N.Y.'s series 2002G-1g and 2012G-2 variable-rate transportation revenue bonds. The outlook, where applicable, is stable. These actions follow the conversion of the interest rate mode on the bonds to weekly from term, the addition of the letters of credit (LOCs) provided by TD Bank N.A. for both series, and the application of our joint criteria using low correlation. The long-term component of the dual rating reflects our view of the LOCs provided by TD Bank as well as the joint support provided by TD Bank and the SPUR on MTA, the obligor, assuming low correlation. The short-term component of
