OREANDA-NEWS. Fitch Ratings withdraws the 'AAA/F1+' credit enhanced rating assigned to the following bonds:

--New York City (NY) adjustable rate general obligation bonds series fiscal 1995B & B-12.

The long-term rating assigned to the bonds is revised to 'AA' with a Stable Outlook based on the underlying rating assigned by Fitch to New York City's general obligation bonds.

The rating was based on the support of a letter of credit by Bayerische Landesbank that was previously terminated.