DEBT (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Schedule of short-term borrowings

In millions of dollars	June 30, 2019		December 31, 2018
Commercial paper
Bank(1)	$	12,895	$	13,238
Broker-dealer and other(2)	4,231		—
Total commercial paper	$	17,126	$	13,238
Other borrowings(3)	25,316		19,108
Total	$	42,442	$	32,346

(1) Represents Citibank entities as well as other bank entities.

(2) Represents broker-dealer and other non-bank subsidiaries that are consolidated into Citigroup Inc., the parent holding company.

(3) Includes borrowings from Federal Home Loan Banks and other market participants. At June 30, 2019 and December 31, 2018, collateralized short-term advances from the Federal Home Loan Banks were $15.5 billion and $9.5 billion, respectively.

Schedule of long-term debt

In millions of dollars	June 30, 2019		December 31, 2018
Citigroup Inc.(1)	$	152,141	$	143,767
Bank(2)	62,619		61,237
Broker-dealer and other(3)	37,429		26,995
Total	$	252,189	$	231,999

(1) Represents the parent holding company.

(2) Represents Citibank entities as well as other bank entities. At June 30, 2019 and December 31, 2018, collateralized long-term advances from the Federal Home Loan Banks were $7.7 billion and $10.5 billion, respectively.

(3) Represents broker-dealer and other non-bank subsidiaries that are consolidated into Citigroup Inc., the parent holding company.

Summary of outstanding trust preferred securities

The following table summarizes Citi’s outstanding trust preferred securities at June 30, 2019:

								Junior subordinated debentures owned by trust
Trust	Issuance date	Securities issued	Liquidation value(1)		Coupon rate(2)		Common shares issued to parent	Amount		Maturity	Redeemable by issuer beginning
In millions of dollars, except securities and share amounts
Citigroup Capital III	Dec. 1996	194,053	$	194	7.625	%	6,003	$	200	Dec. 1, 2036	Not redeemable
Citigroup Capital XIII	Sept. 2010	89,840,000	2,246		3 mo LIBOR + 637 bps		1,000	2,246		Oct. 30, 2040	Oct. 30, 2015
Citigroup Capital XVIII	Jun. 2007	99,901	127		3 mo LIBOR + 88.75 bps		50	127		Jun. 28, 2067	June 28, 2017
Total obligated			$	2,567				$	2,573

Note: Distributions on the trust preferred securities and interest on the subordinated debentures are payable semiannually for Citigroup Capital III and Citigroup Capital XVIII and quarterly for Citigroup Capital XIII.

(1) Represents the notional value received by outside investors from the trusts at the time of issuance.

(2)

In each case, the coupon rate on the subordinated debentures is the same as that on the trust preferred securities.