Fitch Rates New York City Muni Water Finance Auth's $275MM Fiscal 2011 Ser DD Bonds AA+/F1+

27% profit every 20 days?

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Fitch Ratings assigns a rating of 'AA+/F1+' to the $275,000,000 New York City Municipal Water Finance Authority, water and sewer system second general resolution revenue adjustable rate bonds Fiscal 2011 series DD, consisting of:$100,000,000 Fiscal 2011 subseries DD-1 adjustable rate bonds;$75,000,000 Fiscal 2011 subseries DD-2 adjustable rate bonds; $50,000,000 Fiscal 2011 subseries DD-3A adjustable rate bonds;$50,000,000 Fiscal 2011 subseries DD-3B adjustable rate bonds.

27% profit every 20 days?

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