DALLAS -- Moody's Investors Service has confirmed ratings assigned to debt obligations that rely on liquidity support by the Texas Treasury, which has been bailing out the state's beleaguered municipal investment pool.

Moody's reviewed two commercial paper programs run by the Texas Public Finance Authority, a variable-rate note issue by the University of Texas System-Permanent University Fund, and a variable-rate bond issue for the Texas Veterans' Housing Assistance Program.

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