NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the ratings on approximately $4.99 billion in dedicated tax fund (DTF) bonds of the Metropolitan Transportation Authority, NY (MTA), to 'AA' from 'AA-'. The Rating Outlook is Stable. SECURITY The bonds are special obligations payable from state taxes deposited in the pledged amounts account including dedicated mass transportation trust fund (MTTF) receipts and metropolitan mass transportation operating assistance account (MMTOA) receipts. Ta
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