Standard&Poor's Ratings Services raised the ratings on 53 U.S. public finance debt issues with standby bond purchase agreements provided by U.S. Bank N.A., N.D. The action follows Standard&Poor's Aug. 20, 2012, upgrade of U.S. Bank N.A. to 'AA-/A-1+' from 'A+/A-1' (see, "U.S. Bancorp And Subsidiaries Upgraded On Expectation For Continued Outperformance Versus Peers; Outlook Stable," published Aug. 20, 2012, on RatingsDirect on the S&P Global Credit Portal). USPF Criteria: Bank Liquidity Facilities, June 22, 2007