Standard&Poor's Ratings Services placed its ratings on Barclays Capital Inc.'s floating rate and residual interest trust receipts series 2010-3W, relating to Iowa Finance Authority's single-family mortgage bonds series 2006E, on CreditWatch with negative implications. This action follows Standard&Poor's July 15, 2011, placement of its rating on the underlying bonds on CreditWatch with negative implications. The long-term component of the rating on the floater and residual receipts is based on the rating on the underlying bonds (CUSIP #: 46246LXL9). The short term component on the floater receipts is based on the liquidity facility provided by Barclays Bank PLC. USPF Criteria: Secondary Market Derivative Products, June 27, 2007
