Standard&Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Eagle Tax-Exempt Trust's class A certificates of participation, series 20012301, relating to the state of Minnesota's GO bonds. The long-term component of the rating is based on the 'AAA' rated underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until Nov. 1, 2006.