Standard&Poor's Ratings Services affirmed its 'AAA/A-1', 'AAA', and 'AAA' ratings on Deutsche Bank Securities Inc.'s series DBE-1006 short puttable exempt adjustable receipts (SPEARs), long inverse floating exempt receipts (LIFERs), and custodial receipts, respectively, relating to the District of Columbia's series 2011A revenue bonds (The Howard University Issue). This action follows the deposit of additional bonds into to the trust. The long-term components of the SPEARs and LIFERs ratings are based on a custodial receipt whose rating is based jointly on the ratings on the letter of credit provider, Deutsche Bank AG (A/A-1), and the underlying bonds (A-; CUSIP 25483VDT8 and 25483VDK7). The short-term component of the SPEARs rating is based on the short-term rating on Deutsche Bank. SEC
