noninsured

The noninsured portion of the financing is rated A-1 by Moody's and A by Standard & Poor's.

Underwriters said the noninsured portion of the financing was rated A by Moody's and A- by S.&P.

Noninsured bonds offered in both portions of the financing are rated A by Moody's Investors Service Inc. and AA- by the Standard & Poor's Corporation.

A producer of a noninsured crop is subject to a payment limit of $100,000 per person and is ineligible for a payment if the producer's qualifying gross revenues exceed $2 million.

The Vanguard Group's Municipal Insured Long-Term Portfolio has assets of $2 billion, or nearly twice the $1.1 billion of the noninsured fund, Municipal Long-Term Portfolio.

The first listed rule provides for a catastrophic risk protection plan of crop insurance and the second rule provides noninsured producers, policyholders, and insurance companies the regulations applicable to the catastrophic risk protection program.

Some maturities that are insured by the Municipal Bond Investor's Assurance Corp are rated triple-A by Moody's Investors Service and Standard & Poor's Corporation, while noninsured issues are rated Baa-1 and BBB, respectively.