Jan. 25, 2024 2016-XFT910 New York State Dormitory Authority's (New York State) series 2010D state personal-income-tax revenue bonds (general purpose) (federally taxable – build America bonds) Morgan Stanley Bank N.A. FMSbonds Inc. Morgan Stanley&Co. LLC Weekly S&P Global Ratings affirmed the above-mentioned ratings on the floaters, following the replacement of the liquidity provider to Morgan Stanley Bank N.A. from Citibank N.A. The rating action reflects S&P Global Ratings' opinion of the likelihood that the trust will have sufficient assets to pay timely interest and full principal when due on the floater notes. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support
