NEW YORK (Standard&Poor's) June 12, 2015--Standard&Poor's Ratings Services assigned the following ratings to 13 tender option bond series 2015-ZF trust puttable floating-rate receipts (floaters) and 13 inverse floating-rate receipts (residuals), issued by fmsbonds Inc. For these transactions, fmsbonds Inc. is both the trustor and administrative agent, and JPMorgan Chase Bank N.A. is the liquidity provider. The receipts were formerly issued as individual trusts by a series of issuers that include Barclays Capital Inc., Merrill Lynch Puttable FLOATs/RITES Trust, RBC Municipal Products LLC, and State Street Bank&Trust Co. Clipper Tax-Exempt/Residual Certificates. However, the CUSIPs associated with the former trust issues are being exchanged for new CUSIPs, and are being issued as receipts under new individual
