Fitch rates New York Local Government Assistance bonds AA-

Fitch Ratings said it assigned an AA- rating to $385.05 million of series 2008A refunding bonds (senior lien) from New York Local Government Assistance Corp.

The bonds are scheduled to sell competitively on Feb. 20.

Fitch also said it affirmed its AA- rating on the corporation's approximately $2.9 billion of outstanding senior-lien bonds and $1.1 billion of outstanding subordinate-lien bonds.

The outlook is positive.

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