July 27, 2021 2021-XL0178 Barclays Bank PLC Loop Capital Markets LLC Barclays Capital Inc. Barclays Bank PLC S&P Global Ratings assigned the above-mentioned ratings to the custody, floater, and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts. Trust assets include all distributions of principal, interest, and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on the underlying securities and credit-enhancement provider. The long-term component of our rating on the
