DEBT (Tables)

3 Months Ended

Mar. 31, 2013

DEBT

Schedule of Short-Term Borrowings

In millions of dollars	March 31, 2013		December 31, 2012
Commercial paper
Bank	$	11,741	$	11,092
Other non-bank		309		378
	$	12,050	$	11,470
Other borrowings(1)		36,143		40,557
Total	$	48,193	$	52,027

(1)

At March 31, 2013 and December 31, 2012, collateralized short-term advances from the Federal Home Loan Banks were $3 billion and $4 billion, respectively.

Schedule of Long-Term Debt

In millions of dollars	March 31, 2013		December 31, 2012
Citigroup parent company	$	173,750	$	176,553
Bank(1)		49,421		51,234
Other non-bank		11,155		11,676
Total(2)	$	234,326	$	239,463

Note:

Citigroup Funding Inc. (CFI) was previously a first-tier subsidiary of Citigroup Inc., issuing commercial paper, medium-term notes and structured equity-linked and credit-linked notes. The debt of CFI was guaranteed by Citigroup Inc. On December 31, 2012, CFI was merged into Citigroup Inc.

(1)

Represents Citibank, N.A., as well as subsidiaries of Citibank and Banamex. At March 31, 2013 and December 31, 2012, collateralized long-term advances from the Federal Home Loan Banks were $16.3 billion.

(2)

Includes senior notes with carrying values of $196 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 March 31, 2013 and $186 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 December 31, 2012. Citigroup 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.

Schedule of Statutory Business Trusts

										Junior subordinated debentures owned by trust
Trust 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(2)		July 2001		35,885,898		897	7.125%		1,109,874		925		July 31, 2031		July 31, 2006
Citigroup Capital VIII(2)		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(2)		June 2006		12,227,281		306	6.875%		40,000		307		June 30, 2066		June 30, 2011
Citigroup Capital XV(2)		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		152	6.829%		50		152		June 28, 2067		June 28, 2017
Citigroup Capital XXXIII(3)		July 2009		3,025,000		2,225	8.000%		100		2,225		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					$	11,190				$	11,315

(1)

Represents the notional value received by investors from the trusts at the time of issuance.

(2)

Redeemed on April 16, 2013.

(3)

Reflects the exchange of $0.8 billion held by the U.S. Treasury on February 4, 2013.