Standard Poor's Ratings Services removed its ratings on Pittsburgh Water&Sewer Authority, Pa.'s water and sewer system subordinate revenue refunding bonds series 2008C-1A, 2008C-1B, and 2008C-1C from CreditWatch with negative implications. This action follows Standard&Poor's Aug. 8, 2011, removal of its rating on Federal Home Loan Bank of Pittsburgh from CreditWatch with negative implications. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009