(PR-inside.com) - Fitch Ratings has affirmed the 'AAA/V1+' ratings assigned to Colorado Local Government Liquid Asset Trust (COLOTRUST PLUS+), following the addition of approximately $268 million of high quality assets previously held by the Colorado Diversified Trust. Both COLOTRUST PLUS+ and Colorado Diversified Trust are local government investment pools (LGIPs) overseen by the Colorado Division of Securities. Colorado Diversified Trust is not rated by Fitch. On Sept. 17, approximately $268 million of assets were transferred to COLOTRUST PLUS+ from Colorado Diversified Trust. The transfer consisted of cash, agency securities, and repurchase agreements backed by U.S. government securities. The addition of ..
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