Citigroup sells $2 bln of debt without gov’t aid

May 17 2009 15:56:10

Citigroup sells $2 bln of debt without gov’t aid

Bloomberg

The 10-year notes priced at 98.26 cents on the dollar to yield 8.8 percent, or 562.5 basis points more than similar-maturity Treasuries, Bloomberg data show. A basis point is 0.01 percentage point. Citigroup underwrote the offering.

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