Fitch Ratings has withdrawn the ratings for Oceania Funding Trust, an asset-backed commercial paper program sponsored by Bank of America's Sydney branch, after the trust was terminated.
Previously, Fitch had assigned an F1+ rating to commercial paper issued by Oceania Funding Trust and an A+ rating to the Oceania Funding Trust's liquidity facility.
Oceania Funding Trust's outstanding commercial paper has been repaid and the trust has been terminated.
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