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UMBA |
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com is advocating the same principals as the UMBA and we wish them well. Certain other 'commonwealth-guaranteed' UMBA obligations carry an underlying 'AA-' rating by Fitch-based on the credit of the Commonwealth of Massachusetts, rather than the credit of UMass. With UMBA offerings, for example, the university agrees to make funds available in its expendable fund balance to pay contractual costs that UMBA uses to pay debt service and related expenses. |
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