DEBT (Tables)

9 Months Ended

Sep. 30, 2012

DEBT

Schedule of Short-Term Borrowings

In millions of dollars	September 30, 2012		December 31, 2011
Commercial paper
Bank	$	11,837	$	14,872
Non-bank		560		6,414
	$	12,397	$	21,286
Other borrowings(1)		36,767		33,155
Total	$	49,164	$	54,441

(1)

At September 30, 2012 and December 31, 2011, collateralized short-term advances from the Federal Home Loan Banks were $6 billion and $5 billion, respectively.

Schedule of Long-Term Debt

In millions of dollars	September 30, 2012		December 31, 2011
Citigroup parent company	$	154,333	$	181,702
Bank(1)		61,887		77,895
Other non-bank		55,642		63,908
Total(2)(3)	$	271,862	$	323,505

(1)

Represents Citibank, N.A., as well as subsidiaries of Citibank and Banamex. At September 30, 2012 and December 31, 2011, collateralized long-term advances from the Federal Home Loan Banks were $17.3 billion and $11.0 billion, respectively.

(2)

Of this amount, approximately $13.5 billion consisted of Temporary Liquidity Guarantee Program (TLGP) debt that will mature in full by the end of 2012.

(3)

Includes senior notes with carrying values of $170 million issued to Safety First Trust Series 2007-4, 2008-1, 2008-2, 2008-3, 2008-4, 2008-5, 2008-6, 2009-1, 2009-2, and 2009-3 at September 30, 2012 and $215 million issued to Safety First Trust Series 2007-3, 2007-4, 2008-1, 2008-2, 2008-3, 2008-4, 2008-5, 2008-6, 2009-1, 2009-2, and 2009-3 at December 31, 2011. Citigroup Funding Inc. (CFI) owns all of the voting securities of the Safety First Trusts. The Safety First Trusts have no assets, operations, revenues or cash flows other than those related to the issuance, administration and repayment of the Safety First Trust securities and the Safety First Trusts' common securities. The Safety First Trusts' obligations under the Safety First Trust securities are fully and unconditionally guaranteed by CFI, and CFI's guarantee obligations are fully and unconditionally guaranteed by Citigroup.

Schedule of Statutory Business Trusts

										Junior subordinated debentures owned by trust
Trust preferred securities with distributions guaranteed by Citigroup In millions of dollars, except share amounts								Common shares issued to parent
	Issuance date		Securities issued		Liquidation value(1)		Coupon rate			Amount		Maturity		Redeemable by issuer beginning
Citigroup Capital III		Dec. 1996		194,053	$	194	7.625%		6,003	$	200		Dec. 1, 2036		Not redeemable
Citigroup Capital VII		July 2001		35,885,898		897	7.125%		1,109,874		925		July 31, 2031		July 31, 2006
Citigroup Capital VIII		Sept. 2001		43,651,597		1,091	6.950%		1,350,050		1,125		Sept. 15, 2031		Sept. 17, 2006
Citigroup Capital IX		Feb. 2003		33,874,813		847	6.000%		1,047,675		873		Feb. 14, 2033		Feb. 13, 2008
Citigroup Capital X		Sept. 2003		14,757,823		369	6.100%		456,428		380		Sept. 30, 2033		Sept. 30, 2008
Citigroup Capital XI		Sept. 2004		18,387,128		460	6.000%		568,675		474		Sept. 27, 2034		Sept. 27, 2009
Citigroup Capital XIII		Sept. 2010		89,840,000		2,246	7.875%		1,000		2,246		Oct. 30, 2040		Oct. 30, 2015
Citigroup Capital XIV		June 2006		12,227,281		306	6.875%		40,000		307		June 30, 2066		June 30, 2011
Citigroup Capital XV		Sept. 2006		25,210,733		630	6.500%		40,000		631		Sept. 15, 2066		Sept. 15, 2011
Citigroup Capital XVI		Nov. 2006		38,148,947		954	6.450%		20,000		954		Dec. 31, 2066		Dec. 31, 2011
Citigroup Capital XVII		Mar. 2007		28,047,927		701	6.350%		20,000		702		Mar. 15, 2067		Mar. 15, 2012
Citigroup Capital XVIII		June 2007		99,901		161	6.829%		50		161		June 28, 2067		June 28, 2017
Citigroup Capital XX		Nov. 2007		17,709,814		443	7.875%		20,000		443		Dec. 15, 2067		Dec. 15, 2012
Citigroup Capital XXXIII		July 2009		3,025,000		3,025	8.000%		100		3,025		July 30, 2039		July 30, 2014
Adam Capital Trust III		Dec. 2002		17,500		18	3 mo. LIB +335 bp.		542		18		Jan. 7, 2033		Jan. 7, 2008
Adam Statutory Trust III		Dec. 2002		25,000		25	3 mo. LIB +325 bp.		774		26		Dec. 26, 2032		Dec. 26, 2007
Adam Statutory Trust IV		Sept. 2003		40,000		40	3 mo. LIB +295 bp.		1,238		41		Sept. 17, 2033		Sept. 17, 2008
Adam Statutory Trust V		Mar. 2004		35,000		35	3 mo. LIB +279 bp.		1,083		36		Mar. 17, 2034		Mar. 17, 2009
Total obligated					$	12,442				$	12,567

(1)

Represents the proceeds received from the trust at the date of issuance.