NEW YORK, Sept 29 (Reuters) - Citigroup Inc on Tuesday sold $5 billion in a four-part, government-guaranteed note sale, said a market source familiar with the sale.
The notes are guaranteed under the Federal Deposit Insurance Corp's Temporary Liquidity Guarantee Program.
The offering included $1.25 billion in two-year notes priced to yield 35.2 basis points over comparable U.S. Treasuries and $250 million in two-year floating rate notes with a coupon rate of three basis points below the three-month London interbank offered rate (Libor).
It also included $2.5 billion in three-year notes yielding 46.5 basis over Treasuries and $1 billion in three-year floating-rate notes with a coupon rate of flat over three-month Libor. Keywords: CITIGROUP NOTES/SALE (caryn.trokie@thomsonreuters.com; +1-646-223-6318; Reuters Messaging: caryn.trokie.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The notes are guaranteed under the Federal Deposit Insurance Corp's Temporary Liquidity Guarantee Program.
The offering included $1.25 billion in two-year notes priced to yield 35.2 basis points over comparable U.S. Treasuries and $250 million in two-year floating rate notes with a coupon rate of three basis points below the three-month London interbank offered rate (Libor).
It also included $2.5 billion in three-year notes yielding 46.5 basis over Treasuries and $1 billion in three-year floating-rate notes with a coupon rate of flat over three-month Libor. Keywords: CITIGROUP NOTES/SALE (caryn.trokie@thomsonreuters.com; +1-646-223-6318; Reuters Messaging: caryn.trokie.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.