S&P Global Ratings assigned its 'AA/A-1' rating to New York City's $150,000,000 general obligation (GO) bonds, fiscal 2019 series D, subseries D-4. The long-term component of the rating is based on the GO pledge of New York City and the short-term portion of the rating on the liquidity facility in the form of the standby bond purchase agreement (SBPA), provided by Barclays Bank PLC. The outlook on the long-term rating is stable. (For more information on New York City's GO rating, please see the analysis published Nov. 26, 2018, on RatingsDirect.) The 'A-1' short-term component of the rating reflects the short-term rating on Barclays Bank PLC (A-1), which is providing an enhancement for the bonds in the form of a
