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DEBT (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of short-term borrowings
Short-Term Borrowings

2016
2015
In millions of dollars
Balance
Weighted average coupon
Balance
Weighted average coupon
Commercial paper
$
9,989

0.79
%
$
9,995

0.22
%
Other borrowings(1)
20,712

1.39

11,084

1.5

Total
$
30,701

 
$
21,079




(1)
Includes borrowings from the Federal Home Loan Banks and other market participants. At December 31, 2016, collateralized short-term advances from the Federal Home Loan Banks were $12.0 billion. At December 31, 2015, no amounts were outstanding.
Schedule of long-term debt
Long-Term Debt



Balances at
December 31,
In millions of dollars
Weighted
average
coupon
Maturities
2016
2015
Citigroup Inc.(1)




Senior debt
4.00
%
2017-2098
$
118,881

$
113,569

Subordinated debt(2)
4.48

2017-2046
26,758

26,875

Trust preferred
    securities
6.90

2036-2067
1,694

1,713

Bank(3)
 
 
 
 
Senior debt
1.88

2017-2038
49,454

55,131

Broker-dealer(4)
 
 
 
 
Senior debt
2.08

2017-2047
9,387

3,968

Subordinated debt(2)
0.95

2033-2037
4

19

Total
3.49
%
 
$
206,178

$
201,275

Senior debt
 
 
$
177,722

$
172,668

Subordinated debt(2)
 
 
26,762

26,894

Trust preferred
    securities
 
 
1,694

1,713

Total
 
 
$
206,178

$
201,275


(1)
Parent holding company, Citigroup Inc.
(2)
Includes notes that are subordinated within certain countries, regions or subsidiaries.
(3)
Represents Citibank entities as well as other bank entities. At December 31, 2016 and December 31, 2015, collateralized long-term advances from the Federal Home Loan Banks were $21.6 billion and $17.8 billion, respectively.
(4)
Represents broker-dealer subsidiaries that are consolidated into Citigroup Inc., the parent holding company.

Aggregate annual maturities of long-term debt obligations
Aggregate annual maturities of long-term debt obligations (based on final maturity dates) including trust preferred securities are as follows:
In millions of dollars
2017

2018

2019

2020

2021

Thereafter

Total

Bank
$
15,046

$
24,128

$
4,865

$
445

$
3,903

$
1,067

$
49,454

Broker-dealer
2,637

1,388

283

1,103

168

3,812

9,391

Citigroup Inc.
18,442

20,573

16,865

8,627

15,060

67,766

147,333

Total
$
36,125

$
46,089

$
22,013

$
10,175

$
19,131

$
72,645

$
206,178

Summary of outstanding trust preferred securities
The following table summarizes the Company’s outstanding trust preferred securities at December 31, 2016:
 
 
 
 
 
 
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 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
June 2007
99,901

123

6.829

50

124

June 28, 2067
June 28, 2017
Total obligated
 
 

$
2,563

 
 
$
2,570

 
 

Note: Distributions on the trust preferred securities and interest on the subordinated debentures are payable semi-annually for Citigroup Capital III and Citigroup Capital XVIII and quarterly for Citigroup Capital XIII.
(1)
Represents the notional value received by 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.