Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Citigroup Raises $1.25 Billion With Subordinated Bond Offering

Citigroup Inc., the bank that took the most U.S. aid during the credit crisis, sold $1.25 billion of subordinated debt.

The lender issued 3.5 percent, 10-year notes that pay 178 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg. The New York-based bank’s debt is expected to be rated Baa3 by Moody’s Investors Service.

Citigroup sold subordinated bonds in February with an $894 million sale of 4.05 percent notes due July 2022, which paid 203.6 basis points more than Treasuries, according to data compiled by Bloomberg. Those securities traded yesterday at 104.8 cents on the dollar to yield 3.44 percent, or 168.3 basis points more than benchmarks.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.