NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a AAAkf Fund Rating to the TexasTERM Local Government Investment Pool TexasTERM Term Portfolio. The AAAkf rating reflects the TexasTERM Portfolio’s Primary Quantitative Rating (PQR) as measured by the KBRA Funds Credit Quality Rating Matrix, which is based on the credit quality of the underlying instruments that comprise the portfolio. Additionally, the fund rating is influenced by the results of the qualitative assessment
