Standard&Poor's Ratings Services assigned its 'AA/A-1' and 'AA' ratings to Barclays Capital Inc.'s floater and residual certificates series 2011-116B, respectively, relating to Houston, Texas' public improvement refunding bonds series 2006D. The long-term component of the rating on the floater and residual certificates is based on the rating on the underlying bonds (AA). The short-term component of the rating on the floater certificates is based on Barclays Bank PLC, until March 1, 2025. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the
