Standard&Poor's Ratings Services confirmed its ratings on New York City's series 2003 1-A and 2003 1-D general obligation (GO) bonds due to the bank facility being extended to Dec. 14, 2020. The long-term component of the rating is based on the obligor, New York City. The short-term component of the rating is based on the liquidity provider, Landesbank Hessen-Thüringen Girozentrale. USPF Criteria: Bank Liquidity Facilities, June 22, 2007