OREANDA-NEWS. April 27, 2015. The rating action referenced in Fitch Ratings' April 8, 2015, press release ('Fitch to Confirm S-T Rating on \\$145MM NYC Adj Rate GOs Fiscal 2008 Series L-5 Bonds'), is effective today (April 22, 2015).

Contact:

Primary Analyst
Joseph Staffa
Senior Director
+1-212-908-0829
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004

Secondary Analyst
Richard Park
Director
+1-212-908-0289

Committee Chairperson
Mario Civico
Senior Director
+1-212-908-0796


Media Relations: Elizabeth Fogerty, New York, Tel: +1 (212) 908 0526, Email: elizabeth.fogerty@fitchratings.com.

Additional information is available at www.fitchratings.com.

Applicable Criteria and Related Research:
--'U.S. Municipal Structured Finance Criteria', Feb. 24, 2014;
--'Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support', January 22, 2015.

Applicable Criteria and Related Research:
Rating Guidelines for Variable-Rate Demand Obligations and Commercial Paper Issued with External Liquidity Support
U.S. Municipal Structured Finance Criteria