Wyoming Cooperative Liquid Assets Securities System Assigned 'AAAm' Rating

NEW YORK (S&P Global Ratings) June 29, 2020--S&P Global Ratings said today that it assigned its 'AAAm' principal stability fund rating (PSFR) to Wyoming Cooperative Liquid Assets Securities System (Wyoming CLASS). The PSFR reflects our view of the creditworthiness of the fund's eligible investments and counterparties, its investments' maturity structure, and management's ability to maintain the fund's net asset value, including the policies that it has implemented for this purpose. The 'AAAm' rating is the highest PSFR we assign and indicates an extremely strong capacity to maintain principal stability and to limit exposure to principal losses caused by credit risk. The pool, which we expect will launch in the near future, is a professionally managed local government investment pool trust

...June 29, 2020 NEW YORK (S&P Global Ratings) June 29, 2020--S&P Global Ratings said today that it assigned its 'AAAm' principal stability fund rating (PSFR) to Wyoming Cooperative Liquid Assets Securities System (Wyoming CLASS). The PSFR reflects our view of the creditworthiness of the fund's eligible investments and counterparties, its investments' maturity structure, and management's ability to maintain the fund's net asset value, including the policies that it has implemented for this purpose. The 'AAAm' rating is the highest PSFR we assign and indicates an extremely strong capacity to maintain principal stability and to limit exposure to principal losses caused by credit risk. The pool, which we expect will launch in the near future, is a professionally managed local government investment pool trust fund available only to political subdivisions in Wyoming. The pool will seek to generate a high level of current income for its participants while maintaining liquidity and preserving capital...

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