Standard&Poor's Ratings Services assigned its 'AA-/A-1' and 'AA-' ratings to Deutsche Bank Securities Inc. Receipts (Series 1000)'s series DB-1372 short-puttable-exempt-adjustable receipts (SPEARs) and long-inverse-floating-exempt receipts (LIFERs), respectively, related to the Port Authority of New York&New Jersey consolidated bonds (185th series second-installment serial bonds) (term bonds). The long-term component of the rating on the SPEARs and LIFERs reflects the rating on the underlying bonds. The short-term component of the rating on the SPEARs reflects the liquidity facility provided by Deutsche Bank AG. The initial standby purchase agreement (SPA) will provide for the payment of the tender price of the variable certificates (SPEARs), which includes the stated amount of, and interest on, unremarketed variable certificates bearing interest at
