DEBT (Tables) |
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Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of short-term borrowings | Short-Term Borrowings
(1)Represents Citibank entities as well as other bank entities. (2)Represents broker-dealer and other non-bank subsidiaries that are consolidated into Citigroup Inc., the parent holding company. (3)Includes borrowings from Federal Home Loan Banks and other market participants. At December 31, 2022 and 2021, collateralized short-term advances from Federal Home Loan Banks were $12.0 billion and $0.0 billion, respectively.
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Schedule of long-term debt | Long-Term Debt
(1)The weighted average coupon excludes structured notes accounted for at fair value. (2)Represents the parent holding company. (3)Includes notes that are subordinated within certain countries, regions or subsidiaries. (4)Represents Citibank entities as well as other bank entities. At December 31, 2022 and 2021, collateralized long-term advances from Federal Home Loan Banks were $7.3 billion and $5.3 billion, respectively. (5)Represents broker-dealer and other non-bank subsidiaries that are consolidated into Citigroup Inc., the parent holding company. Certain Citigroup consolidated hedging activities are also included in this line. Balances primarily relates to senior debt.
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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:
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Summary of outstanding trust preferred securities | The following table summarizes Citi’s outstanding trust preferred securities at December 31, 2022:
Note: Distributions on the trust preferred securities and interest on the subordinated debentures are payable semiannually for Citigroup Capital III and quarterly for Citigroup Capital XIII. (1)Represents the notional value received by outside investors from the trusts at the time of issuance. This differs from Citi’s balance sheet carrying value due primarily to unamortized discount and issuance costs. (2)In each case, the coupon rate on the subordinated debentures is the same as that on the trust preferred securities.
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