Citigroup To Sell Benchmark FDIC-Backed Bond On Tuesday
The deal is scheduled to sell on Tuesday, according to a person familiar with the deal.
This will be the fifth bank to participate in the Temporary Liquidity Guarantee Program, or TLGP.
Bank of America (BAC) sold a $9 billion, four-part deal on Monday.
Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and JP Morgan Chase & Co. (JPM) all sold multi-billion dollar issues last week.
-By Anusha Shrivastava, Dow Jones Newswires; 201-938-2371; anusha.shrivastava@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=cyyj%2Fj9l%2Faz7taM%2FBIG0ZQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 01, 2008 17:26 ET (22:26 GMT)
Publié le 01 Décembre 2008 Copyright © 2008 Dowjones
Partager sur:
