Fitch Rates Bank of America Merrill Lynch P-FLOATs Series MT-797

  Fitch Rates Bank of America Merrill Lynch P-FLOATs Series MT-797

Business Wire

NEW YORK -- July 05, 2012

Fitch Ratings assigns the following ratings to the puttable floating option
tax-exempts receipts (P-FLOATs) of the Merrill Lynch P-FLOATs Series MT Trust
BOA listed below:

--Series MT-797 P-FLOATs?'AAA/F1', Negative Outlook.

The long-term 'AAA', Negative Outlook rating assigned to the series MT-797
P-FLOATs is based on the rating that Fitch has assigned to the Agency-Enhanced
Affordable Housing Trust Class A Floating Certificates, Series 2012-37
Tax-Exempt (rated 'AAA', Negative Outlook by Fitch) that have been deposited
in the MT-797 series trust. The Agency-Enhanced Affordable Housing Trust Class
A Floating Certificates, Series 2012-37 Tax-Exempt evidence a beneficial
ownership interest in Custodial Receipt, Series FRA-46, which is secured by a
Standby Credit Enhancement Agreement provided by Federal Home Loan Mortgage
Corporation (rated 'AAA/F1+', Negative Outlook).

The 'F1' short-term rating assigned to the P-FLOATs is based on the liquidity
facility provided by Bank of America, National Association (rated 'A/F1',
Stable Outlook). The short-term rating will expire on Dec. 15, 2012, unless
such date is extended, or on any prior termination of the credit enhancement
or liquidity facility.

Additional information is available at 'www.fitchratings.com'. The ratings
above were solicited by, or on behalf of, the issuer, and therefore, Fitch has
been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

'U.S. Municipal Structured Finance Rating Criteria', Feb. 28, 2012;

'Guidelines for Rating Tender Option Bonds', May 10 2012.

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570

Guidelines for Rating Tender Option Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=678533

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS.
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S
PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND
METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF
CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL,
COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM
THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contact:

Fitch Ratings
Primary Analyst:
Richard Park
Associate Director
+1-212- 908-0289
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst:
Trudy Zibit
Managing Director
+1-212-908-0689
or
Committee Chairperson:
Linda Friedman
Senior Director
+1-212-908-0727
or
Media Relations:
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com