Short-Term Ratings On 18 Barclays Bank PLC-Supported Bonds Lowered To 'A-2'; Off Watch Negative

NEW YORK (Standard&Poor's) July 17, 2015--Standard&Poor's Ratings Services lowered the short-term components of its ratings on 18 Barclays Bank PLC liquidity facility-backed U.S. Public Finance secondary market issues to 'A-2' from 'A-1' and subsequently removed the ratings from CreditWatch, where they were previously placed with negative implications. At the same time, Standard&Poor's affirmed its 'AA/A-2' rating, with a stable outlook, on New York City's fiscal 2015 series F, subseries F-5 general obligation bonds. These actions follow Standard&Poor's June 9, 2015, lowering of its rating on Barclays Bank PLC to 'A-/A-2' from 'A/A-1' and subsequent removal of the rating from CreditWatch, where it was placed with negative implications on Feb. 3, 2015. For

...NEW YORK (Standard & Poor's) July 17, 2015--Standard & Poor's Ratings Services lowered the short-term components of its ratings on 18 Barclays Bank PLC liquidity facility-backed U.S. Public Finance secondary market issues to 'A-2' from 'A-1' and subsequently removed the ratings from CreditWatch, where they were previously placed with negative implications. At the same time, Standard & Poor's affirmed its '##/A-2' rating, with a stable outlook, on New York City's fiscal 2015 series F, subseries F-5 general obligation bonds. These actions follow Standard & Poor's June 9, 2015, lowering of its rating on Barclays Bank PLC to 'A-/A-2' from 'A/A-1' and subsequent removal of the rating from CreditWatch, where it was placed with negative implications on Feb. 3, 2015. For additional information, see, "S&P Takes Various Rating Actions On Certain U.K. And German Banks Following Government Support And ALAC Review", published June 9, 2015, on RatingsDirect. The 'A-2' short-term components of the ratings...

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