Wachovia MERLOTS 2007C92, relating to Atlanta, Ga. water and wastewater revenue bonds series 2004, are rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on the liquidity facility provided by The Bank of New York until Sept. 19, 2008. The stable outlook is based on the bond insurer.