-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IuF16/WrddlsJWBOJp9S35oEGTCYOPAKlnv7w6yWLKFhOJGZ7FPLtRbRTXevaGv1 ExMlEfQrdWBfUTSADJVf5A== 0000839947-09-000087.txt : 20090817 0000839947-09-000087.hdr.sgml : 20090817 20090817113457 ACCESSION NUMBER: 0000839947-09-000087 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090728 FILED AS OF DATE: 20090817 DATE AS OF CHANGE: 20090817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK CREDIT CARD ISSUANCE TRUST CENTRAL INDEX KEY: 0001108348 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-52984-03 FILM NUMBER: 091018351 BUSINESS ADDRESS: STREET 1: C/O CITIBANK SOUTH DAKOTA NA STREET 2: 701 EAST 60TH STREET NORTH CITY: SIOUX FALLS STATE: SD ZIP: 57117 BUSINESS PHONE: 6053312626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK CREDIT CARD MASTER TRUST I CENTRAL INDEX KEY: 0000921864 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-80743-02 FILM NUMBER: 091018349 BUSINESS ADDRESS: STREET 1: 701 E 60TH STREET NORTH CITY: SIOUX FALLS STATE: SD ZIP: 57117 BUSINESS PHONE: 6053312626 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD CREDIT CARD MASTER TRUST I DATE OF NAME CHANGE: 19940419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK SOUTH DAKOTA N A CENTRAL INDEX KEY: 0000839947 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 000-17797 FILM NUMBER: 091018350 BUSINESS ADDRESS: STREET 1: 425 PARK AVE. STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 6053312626 MAIL ADDRESS: STREET 1: CITIBANK N A LEGAL AFFAIRS OFFICE STREET 2: 425 PARK AVENUE 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 10-D 1 form10dcover072809.htm ISSUANCE TRUST MONTHLY 10-D JUL'09 Form 10-D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period
from June 26, 2009 to July 28, 2009

Commission File Number of issuing entity: 333-145220-01

CITIBANK CREDIT CARD ISSUANCE TRUST

(Issuing Entity in respect of the Notes)
(Exact name of issuing entity as specified in its charter)

DELAWARE NOT APPLICABLE
(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization No. of issuing entity)
of issuing entity)
 

Commission File Number of issuing entity: 333-145220-02

CITIBANK CREDIT CARD MASTER TRUST I

(Issuing Entity in respect of the Collateral Certificate)
(Exact name of issuing entity as specified in its charter)

NEW YORK NOT APPLICABLE
(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization No. of issuing entity)
of issuing entity)
   
Commission File Number
of sponsor and depositor:
333-145220
   
CITIBANK (SOUTH DAKOTA),
NATIONAL ASSOCIATION
(Exact name of sponsor and
depositor as
specified in its charter)
 
46-0358360
(I.R.S. Employer
Identification No.)
 
c/o CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION
701 EAST 60TH STREET, NORTH, MAIL CODE 1251
SIOUX FALLS, SOUTH DAKOTA 57117
(Address of principal executive (Zip Code)
offices of issuing entities)

(605) 331-2626

(Telephone number, including area code)

NOT APPLICABLE

(Former name, former address, if changed since last report)

Registered / reporting pursuant to
Section Section Section Name of exchange
Title of class 12(b) 12(g) 15(d) (If Section 12(b))
Citiseries, Class A notes [X]
Citiseries, Class B notes [X]
Citiseries, Class C notes [X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  X  No   

PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

        The information required by Item 1121 of Regulation AB is provided in the report attached hereto as Exhibit 99. This report is the monthly report of Citibank Credit Card Issuance Trust containing information regarding the notes of the Citiseries, the master trust’s assets and the collateral certificate for the due period ending July 28, 2009 and the related payment dates for the notes delivered pursuant to Section 907 of the Indenture.

        The issuance trust has issued Class A notes, Class B notes and Class C notes of the Citiseries pursuant to an Indenture between the issuance trust and Deutsche Bank Trust Company Americas, as trustee. Principal payments on Class B notes of the Citiseries are subordinated to payments on Class A notes of that series, and principal payments on Class C notes of the Citiseries are subordinated to payments on Class A and Class B notes of that series.

        The issuance trust’s primary asset – and its primary source of funds for the payment of principal of and interest on the notes – is a collateral certificate issued by Citibank Credit Card Master Trust I to the issuance trust. The collateral certificate represents an undivided interest in the assets of the master trust. The master trust assets consist primarily of credit card receivables arising in a portfolio of revolving credit card accounts.

        For the definitions or descriptions of certain terms used in the attached report, as well as a description of the allocation and payment priorities and subordination provisions applicable to the notes of the Citiseries, see the Prospectus included in the issuance trust’s Registration Statement on Form S-3 (File No. 333-145220), as amended or supplemented to the date hereof.

PART II OTHER INFORMATION

Item 3. Sales of Securities and Use of Proceeds.

        Information about other sale(s) of securities by the issuance trust during the period covered by this report has been previously reported in a prospectus forming a part of the registration statement (Commission File No. 333-145220) filed by the issuance trust.

Item 9. Exhibits

Exhibit No. Description
99 Monthly Report for the Due Period ending July 28, 2009 and the related Payment Dates for the Notes

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CITIBANK (SOUTH DAKOTA),
NATIONAL ASSOCIATION,
as Depositor and Managing
Beneficiary of Citibank Credit Card
Issuance Trust and as Depositor and
Servicer of Citibank Credit Card
Master Trust I

Date: August 17, 2009 By: /s/ Douglas C. Morrison

Douglas C. Morrison
Vice President
 EX-99 2 it072809.txt ISSUANCE TRUST MONTHLY 10-D JUL'09 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ============================================================================== This Report relates to the Due Period ending July 28, 2009 and the related Payment Dates for the Notes.
A. Information Regarding the Master Trust portfolio ------------------------------------------------- 1. Portfolio Yield for the Collateral Certificate ......... 8.15% Yield Component ................................... 18.18% Discount Component (1).............................. 2.12% Credit Loss Component ............................. 10.03% 2. New Purchase Rate ..................................... 20.36% 3. Total Payment Rate .................................... 19.87% 4. Principal Payment Rate ................................ 18.87% 5. Aggregate Amount of Receivables in the Trust : Principal Receivables Beginning of Due Period ...... $ 76,536,670,128 Principal Receivables Average ...................... $ 76,196,246,194 Principal Receivables Lump Sum Addition/(Removal) ... $ 0 Principal Receivables End of Due Period ............ $ 76,437,817,723 Finance Charge Receivables - End of Due Period ..... $ 817,678,742 Discount Receivables - End of Due Period ........... $ 772,509,957 Total Finance Charge Receivables - End of Due Period. $ 1,590,188,699
6. Delinquencies (Aggregate outstanding balances in the Accounts that were delinquent by the time periods listed below as of the close of business of the month preceding the Payment Dates, as a percentage of aggregate Receivables as of the last day of the Due Period) :
Current .......................................... $ 70,985,911,915 5-34 days delinquent ........................... $ 2,630,104,151 35-64 days delinquent ........................... $ 1,113,022,682 65-94 days delinquent ........................... $ 863,638,423 95-124 days delinquent ........................... $ 780,445,784 125-154 days delinquent ........................... $ 748,252,282 155-184 days delinquent ........................... $ 782,974,359 Current ........................................... 91.11% 5-34 days delinquent ........................... 3.38% 35-64 days delinquent ........................... 1.43% 65-94 days delinquent ........................... 1.11% 95-124 days delinquent ........................... 1.00% 125-154 days delinquent ........................... 0.96% 155-184 days delinquent ........................... 1.01% (1) The Principal Receivable Discount Percentage for this Due Period is 1%.
Page 1 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding the Collateral Certificate ------------------------------------------------- (Percentage Basis) 1. Portfolio Yield 8.15% 8.15% 2. Weighted Average Interest Rate (2) 2.12% 2.12% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.37% 0.37% Others 0.03% 0.03% 4. Surplus Finance Charge Collections 5.63% 5.63% 5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account 5.28% 5.28% 6. Required Surplus Finance Charge Amount 0.00% 0.00% 7. Aggregate Surplus Finance Charge Amount 5.63% 5.63% minus Required Surplus Finance Charge Amount
C1. Information Regarding the Collateral Certificate ------------------------------------------------ (Dollars Basis) 1. Total Investor Collections $13,673,508,154 $13,673,508,154 Principal Collections $12,571,674,501 $12,571,674,501 Finance Charge Collections $ 1,101,833,653 $ 1,101,833,653 Discount Component/Collections $ 127,385,834 $ 127,385,834 2. Investor Default Amount $ 604,159,730 $ 604,159,730 3. Targeted Deposit to Interest Funding Account (3) $ 126,052,042 $ 126,052,042 4. Investor Monthly Fees Fixed Servicing Fees $ 20,539,394 $ 20,539,394 Others $ 1,925,444 $ 1,925,444 5. Surplus Finance Charge Collections $ 349,157,043 $ 349,157,043 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 349,157,043 $ 349,157,043 minus Required Surplus Finance Charge Amount
(1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from June 26, 2009 to July 28, 2009, 33 days, or July 2 , 2009 to August 2 , 2009, 32 days (standard basis). (2) Defined in the definition section of the Indenture (3) Referenced in sections 501 and 503 of the Indenture Page 2 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
C2. Information Regarding the Series 2009 Credit Card Participation Certificate* ---------------------------------------------------------------------------- 1. Series 2009 Invested Amount as of the end of the Due Period** . $2,965,866,249 2. Required Subordinated Amount as of the end of the Due Period** $2,965,866,249 3. Series 2009 Reallocated Principal Collections for the current Due Period*** ................................................. $ 0 4. Series 2009 Reallocated Principal Collections for all prior Due Periods ....................................................... $ 0
* The Series 2009 Credit Card Participation Certificate, issued on May 1, 2009, provides credit enhancement to the Collateral Certificate. For more information, see Form 8-K filed with the SEC on May 5, 2009 by Citibank Credit Card Issuance Trust. ** The Series 2009 Invested Amount and Required Subordinated Amount are variable, and each amount currently equals 4.45230% of the Invested Amount of the Collateral Certificate. *** This amount is included in Finance Charge Collections for the Collateral Certificate. See Section C1, line item 1 on Preceding Page. Page 3 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
D. Information Regarding Notes of Citiseries ---------------------------------------------------- (Aggregate Basis) 1a. Class A Outstanding Dollar Principal Amount ............ $59,230,249,918 For all Classes except Class 2001-A3 (Dakota) ............ $48,230,249,918 For Class 2001-A3 (Dakota) ............................... $11,000,000,000 1b. Class B Outstanding Dollar Principal Amount ............ $ 2,946,000,000 1c. Class C Outstanding Dollar Principal Amount ............ $ 4,438,000,000 2a. Targeted Deposit to Class A Interest Funding Account ..... $ 91,076,727 2b. Targeted Deposit to Class B Interest Funding Account ..... $ 15,221,287 2c. Targeted Deposit to Class C Interest Funding Account ..... $ 19,754,027 3a. Balance in the Class A Interest Funding Account ......... $ 230,258,048 3b Balance in the Class B Interest Funding Account ......... $ 19,387,954 3c Balance in the Class C Interest Funding Account ......... $ 35,112,308 4a. Targeted Deposit to Class A Principal Funding Account .... $ 0 4b. Targeted Deposit to Class B Principal Funding Account .... $ 0 4c. Targeted Deposit to Class C Principal Funding Account .... $ 0 5a. Balance in the Class A Principal Funding Account ........ $ 0 5b. Balance in the Class B Principal Funding Account ........ $ 0 5c. Balance in the Class C Principal Funding Account ........ $ 0 6. Targeted Deposit to Class C Reserve Account ............. $ 0 7. Balance in the Class C Reserve Account .................. $ 0
Data Applicable to all Classes Except 2001-A3 (Dakota) ------------------------------------------------------- 8a. Maximum enhancement amount available to Outstanding Class A Notes from Class B Notes ............ $ 2,885,572,445 8b. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 5.98291% 8c. Maximum enhancement amount available to Outstanding Class A Notes from Class C Notes ............ $ 3,847,428,319 8d. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 7.97721% 8e. Maximum enhancement amount available to Outstanding Class B Notes from Class C Notes ............ $ 3,927,999,902 8f. As a Percentage of Class B Outstanding Dollar Principal Amount ................................. 133.33333%
Data Applicable only to Class 2001-A3 (Dakota) (1) ------------------------------------------------------- 9a. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class C Notes ......... $ 509,888,500 9b. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 4.63535% 9c. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class B Notes ......... $ 0 9d. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 0.00000%
----------------------------------------------------------------------------- (1) All conditions precedent were satisfied for the issuance of new tranches of Dakota CP Notes during Due Period ending July 28, 2009, including the condition that the weighted average remaining life to Expected Principal Payment Date of all Dakota CP Notes be 60 days or less. Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
Data Applicable to all Classes ------------------------------- 10a. Reduction in the Class A Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs ................................ $ 0 10b. Reduction in the Class B Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A Notes ........... $ 0 10c. Reduction in the Class C Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A or Class B Notes . $ 0 11a. Reimbursement of Class A Nominal Liquidation Amount .... $ 0 11b. Reimbursement of Class B Nominal Liquidation Amount .... $ 0 11c. Reimbursement of Class C Nominal Liquidation Amount .... $ 0
E. Information Regarding Distributions to Noteholders of Citiseries ---------------------------------------------------------------- (Aggregate Basis) 1a. The total amount of the distribution to Class A Noteholders on the applicable Payment Dates ......................... $ 66,855,211 1b. The total amount of the distribution to Class B Noteholders on the applicable Payment Dates ......................... $ 13,435,510 1c. The total amount of the distribution to Class C Noteholders on the applicable Payment Dates ......................... $ 22,793,558 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Notes ........ $ 0 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Notes ........ $ 0 2c. The amount of the distribution set forth in item 1(c) above in respect of principal on the Class C Notes ........ $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Notes ........ $ 66,855,211 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Notes ........ $ 13,435,510 3c. The amount of the distribution set forth in item 1(c) above in respect of interest on the Class C Notes ........ $ 22,793,558 4a. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class A Notes exceeds the Class A Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4b. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class B Notes exceeds the Class B Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4c. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class C Notes exceeds the Class C Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0
Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
F. Information Regarding Notes of Citiseries ------------------------------------------------------------------------------------------------------- (The information reported is for the Due Period ending July 28, 2009 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.) ------------------------------------------------------------------------------------------------------- (Individual Tranche Basis) 1a. Outstanding Dollar Principal Amount, Interest Payments and Deposits to Interest Funding Sub-Accounts Class/ Outstanding Monthly Targeted Actual Cumulative Interest Interest Tranche Dollar Accretion Deposit to Deposit to Shortfall Funding Payment Principal the the In Interest Sub-Account On Payment Amount Interest Interest Funding Balance(2) Date(3) Funding Funding Sub-Account Account(1) Account - --------------- ---------------- ----------- ----------- ----------- ----------- ----------- ------------ Class 2001-A3 11,000,000,000 0 11,189,286 11,189,286 0 0 11,189,286 Class 2001-A4 1,108,750,000 0 722,083 722,083 0 722,083 0 Class 2001-A7 420,000,000 0 391,980 391,980 0 0 1,116,549 Class 2002-A10 1,000,000,000 0 462,847 462,847 0 0 462,847 Class 2002-A4 750,000,000 0 356,016 356,016 0 0 356,016 Class 2002-A8 1,000,000,000 0 423,021 423,021 0 0 423,021 Class 2002-C2 350,000,000 0 2,027,083 2,027,083 0 0 12,162,500 Class 2003-A10 500,000,000 0 218,356 218,356 0 3,958,333 0 Class 2003-A7 650,000,000 0 321,141 321,141 0 2,247,917 0 Class 2003-C4 300,000,000 0 1,250,000 1,250,000 0 2,500,000 0 Class 2004-A2 1,480,000,000 0 1,014,088 1,014,088 0 0 2,944,127 Class 2004-A5 473,410,131 0 214,297 214,297 0 214,297 0 Class 2004-A6 394,508,442 0 194,164 194,164 0 194,164 0 Class 2004-A7 1,200,000,000 0 776,292 776,292 0 0 2,253,750 Class 2004-A8 750,000,000 0 289,527 289,527 0 6,125,000 0 Class 2004-B2 250,000,000 0 133,741 133,741 0 0 133,741 Class 2004-C1 225,000,000 0 193,489 193,489 0 0 193,489 Class 2005-A1 338,581,344 0 207,407 207,407 0 0 583,333 Class 2005-A2 875,000,000 0 312,314 312,314 0 17,682,292 0 Class 2005-A3 1,375,000,000 0 420,330 420,330 0 0 420,330 Class 2005-A4 300,000,000 0 95,260 95,260 0 2,200,000 0 Class 2005-A5 200,000,000 0 67,468 67,468 0 1,516,667 0 Class 2005-A6 1,500,000,000 0 734,635 734,635 0 734,635 0 Class 2005-A7 750,000,000 0 194,880 194,880 0 11,875,000 0 Class 2005-A8 875,000,000 0 270,308 270,308 0 0 270,308 Class 2005-A9 500,000,000 0 180,338 180,338 0 6,375,000 0 Class 2005-C1 75,000,000 0 343,750 343,750 0 1,718,750 0 Class 2005-C2 175,000,000 0 113,774 113,774 0 0 113,774 Class 2005-C3 375,000,000 0 239,982 239,982 0 0 239,982 Class 2005-C6 175,000,000 0 99,158 99,158 0 0 99,158 Class 2006-A1 700,000,000 0 618,601 618,601 0 0 1,835,847 Class 2006-A3 750,000,000 0 3,312,500 3,312,500 0 16,562,500 0 Class 2006-A4 1,300,000,000 0 5,904,167 5,904,167 0 17,712,500 0 Class 2006-A6 2,000,000,000 0 508,056 508,056 0 0 508,056 Class 2006-A7 1,000,000,000 0 4,463,858 4,463,858 0 1,206,415 0 Class 2006-A8 1,000,000,000 0 4,171,667 4,171,667 0 503,598 0 Class 2006-C1 500,000,000 0 296,545 296,545 0 0 296,545 Class 2006-C2 200,000,000 0 950,000 950,000 0 2,850,000 0 Class 2006-C3 250,000,000 0 129,436 129,436 0 0 129,436 Class 2006-C4 500,000,000 0 2,151,563 2,151,563 0 0 224,427 Class 2007-A1 2,000,000,000 0 8,068,333 8,068,333 0 2,095,625 0 Class 2007-A10 1,100,000,000 0 710,417 710,417 0 0 710,417 Class 2007-A11 1,200,000,000 0 878,333 878,333 0 0 878,333 Class 2007-A2 1,750,000,000 0 1,118,906 1,118,906 0 0 3,320,625 Class 2007-A3 665,000,000 0 354,613 354,613 0 6,816,250 0 Class 2007-A4 225,000,000 0 181,372 181,372 0 346,256 0 Class 2007-A5 750,000,000 0 3,437,500 3,437,500 0 6,875,000 0 Class 2007-A6 1,000,000,000 0 4,507,917 4,507,917 0 416,667 0 Class 2007-A7 3,250,000,000 0 1,787,613 1,787,613 0 0 1,787,613 Class 2007-A8 1,750,000,000 0 8,239,583 8,239,583 0 41,197,917 0 Class 2007-A9 500,000,000 0 330,451 330,451 0 0 330,451 Class 2007-B1 200,000,000 0 119,111 119,111 0 119,111 0 Class 2007-B2 200,000,000 0 833,333 833,333 0 3,333,333 0 Class 2007-B5 800,000,000 0 634,639 634,639 0 0 634,639 Class 2007-B6 200,000,000 0 833,333 833,333 0 2,500,000 0 Class 2008-A1 900,000,000 0 4,012,500 4,012,500 0 0 24,075,000 Class 2008-A2 1,850,000,000 0 2,359,778 2,359,778 0 0 2,359,778 Class 2008-A4 500,000,000 0 1,199,496 1,199,496 0 0 1,199,496 Class 2008-A5 500,000,000 0 2,020,833 2,020,833 0 8,083,333 0 Class 2008-A6 1,150,000,000 0 1,474,276 1,474,276 0 0 1,474,276 Class 2008-A7 450,000,000 0 644,703 644,703 0 0 644,703 Class 2008-B1 175,000,000 0 545,117 545,117 0 0 545,117 Class 2008-C10 13,000,000 0 213,128 213,128 0 0 213,128 Class 2008-C6 500,000,000 0 2,625,000 2,625,000 0 5,250,000 0 Class 2008-C7 58,000,000 0 267,861 267,861 0 0 267,861 Class 2008-C8 200,000,000 0 1,642,785 1,642,785 0 0 1,642,785 Class 2008-C9 136,000,000 0 1,526,983 1,526,983 0 0 1,526,983 Class 2009-A1 3,000,000,000 0 5,604,858 5,604,858 0 0 5,604,858 Class 2009-A2 1,250,000,000 0 2,106,191 2,106,191 0 0 2,106,191 Class 2009-A3 600,000,000 0 1,350,000 1,350,000 0 2,610,000 0 Class 2009-A4 650,000,000 0 2,654,167 2,654,167 0 5,131,389 0 Class 2009-B1 700,000,000 0 8,587,836 8,587,836 0 0 8,587,836 Class 2009-B2 185,000,000 0 2,423,029 2,423,029 0 0 2,423,029 Class 2009-B3 86,000,000 0 539,772 539,772 0 0 539,772 Class 2009-B4 138,000,000 0 539,355 539,355 0 0 539,355 Class 2009-B5 12,000,000 0 32,020 32,020 0 0 32,020 Class 2009-C1 250,000,000 0 4,821,238 4,821,238 0 0 4,821,238 Class 2009-C2 140,000,000 0 773,816 773,816 0 0 773,816 Class 2009-C3 16,000,000 0 88,436 88,436 0 0 88,436 Total 66,614,249,918 0 126,052,042 126,052,042 0 181,674,031 103,084,279
(1) Referenced in sections 501 and 503 of the Indenture (2) The Interest Funding Sub-Account Balance reflects the Trust Targeted Deposit to the Interest Funding Account and net settlement of any U.S. dollar-denominated swap. (3) For Notes denominated in US dollars this column represents the Note coupon payment to investors on the related Payment Date. For Notes not denominated in U.S. dollars this column represents the currency swap payment to the counterparty on the related Swap Payment Date. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
1b. Outstanding Dollar Principal Amount and Investor Interest Payments Class/ Outstanding Investor Investor Payment Monthly Investor's Investor's SWAP Expected Legal Tranche Dollar Interest Interest Date(1) Interest Current Interest Yes/ Principal Maturity Principal Rate PMT Accrual Period PMT On Pmt No Payment Date Amount Fixed/ Frequency Period Interest Date (2) Date Floating (3) Rate - -------------- -------------- -------- ------------------ -------- -------- ---------- --------------- ---- ---------- ---------- Class 2001-A7 420,000,000 Floating Feb, May, Aug, Nov 15 15 - 17 1.01813 1,116,549.23 No 08/15/2011 08/15/2013 Class 2002-A10 1,000,000,000 Floating Monthly 17 17 - 17 0.53750 462,847.22 No 12/17/2012 12/17/2014 Class 2002-A4 750,000,000 Floating Monthly 7 7 - 7 0.55125 356,015.63 No 06/09/2014 06/07/2016 Class 2002-A8 1,000,000,000 Floating Monthly 7 7 - 7 0.49125 423,020.83 No 11/09/2009 11/07/2011 Class 2002-C2 350,000,000 Fixed Feb, Aug 15 15 - 17 6.95000 12,162,499.98 No 02/15/2012 02/18/2014 Class 2003-A10 500,000,000 Fixed Jun, Dec 10 10 - 10 4.75000 0.00 Yes 12/10/2013 12/10/2015 Class 2003-A7 650,000,000 Fixed Jan, Jul 7 7 - 7 4.15000 0.00 Yes 07/07/2015 07/07/2017 Class 2003-C4 300,000,000 Fixed Jun, Dec 10 10 - 10 5.00000 0.00 No 06/10/2013 06/10/2015 Class 2004-A7 1,200,000,000 Floating Feb, May, Aug, Nov 24 24 - 24 0.75125 2,253,750.00 No 11/25/2011 11/25/2013 Class 2004-A8 750,000,000 Fixed Jun, Dec 10 10 - 10 4.90000 0.00 Yes 12/10/2014 12/12/2016 Class 2004-B2 250,000,000 Floating Monthly 7 7 - 7 0.62125 133,741.32 No 10/07/2011 10/07/2013 Class 2004-C1 225,000,000 Floating Monthly 15 15 - 17 0.93813 193,489.31 No 07/15/2011 07/15/2013 Class 2005-A2 875,000,000 Fixed Mar, Sep 10 10 - 10 4.85000 0.00 Yes 03/10/2015 03/10/2017 Class 2005-A3 1,375,000,000 Floating Monthly 24 24 - 24 0.35500 420,329.86 No 04/24/2012 04/24/2014 Class 2005-A4 300,000,000 Fixed Jun, Dec 20 20 - 20 4.40000 0.00 Yes 06/20/2012 06/20/2014 Class 2005-A5 200,000,000 Fixed Jun, Dec 20 20 - 20 4.55000 0.00 Yes 06/22/2015 06/20/2017 Class 2005-A6 1,500,000,000 Floating Jan, Apr, Jul, Oct 7 7 - 7 0.56875 0.00 No 10/07/2009 10/07/2011 Class 2005-A7 750,000,000 Fixed Apr, Oct 20 20 - 20 4.75000 0.00 Yes 10/20/2010 10/22/2012 Class 2005-A8 875,000,000 Floating Monthly 20 20 - 20 0.35875 270,308.16 No 10/22/2012 10/20/2014 Class 2005-A9 500,000,000 Fixed May, Nov 20 20 - 20 5.10000 0.00 Yes 11/20/2015 11/20/2017 Class 2005-C1 75,000,000 Fixed Mar, Sep 24 24 - 24 5.50000 0.00 No 03/24/2015 03/24/2017 Class 2005-C2 175,000,000 Floating Monthly 24 24 - 24 0.75500 113,774.31 No 03/24/2015 03/24/2017 Class 2005-C3 375,000,000 Floating Monthly 15 15 - 17 0.69813 239,982.19 No 07/16/2012 07/15/2014 Class 2005-C6 175,000,000 Floating Monthly 15 15 - 17 0.61813 99,158.35 No 11/15/2010 11/15/2012 Class 2006-A1 700,000,000 Floating Feb, May, Aug, Nov 7 7 - 7 1.02625 1,835,847.22 No 02/07/2013 02/09/2015 Class 2006-A3 750,000,000 Fixed Mar, Sep 15 15 - 17 5.30000 0.00 No 03/15/2016 03/15/2018 Class 2006-A4 1,300,000,000 Fixed May, Nov 10 10 - 10 5.45000 0.00 No 05/10/2011 05/10/2013 Class 2006-A6 2,000,000,000 Floating Monthly 24 24 - 24 0.29500 508,055.56 No 05/24/2010 05/24/2012 Class 2006-A7 1,000,000,000 Floating Mar, Jun, Sep, Dec 15 15 - 17 0.68938 0.00 Yes 12/15/2016 12/17/2018 Class 2006-A8 1,000,000,000 Floating Apr, Jul, Oct, Jan 15 15 - 17 0.54938 0.00 Yes 12/15/2016 12/17/2018 Class 2006-C1 500,000,000 Floating Monthly 20 20 - 20 0.68875 296,545.14 No 02/20/2013 02/20/2015 Class 2006-C2 200,000,000 Fixed May, Nov 15 15 - 17 5.70000 0.00 No 05/16/2011 05/15/2013 Class 2006-C4 500,000,000 Floating Monthly 7 7 - 7 0.52125 224,427.08 Yes 01/07/2010 01/09/2012 Class 2007-A1 2,000,000,000 Floating Mar, Jun, Sep, Dec 22 22 - 24 0.59875 0.00 Yes 03/22/2010 03/22/2012 Class 2007-A10 1,100,000,000 Floating Monthly 10 10 - 10 0.75000 710,416.67 No 12/10/2012 12/10/2014 Class 2007-A11 1,200,000,000 Floating Monthly 10 10 - 10 0.85000 878,333.33 No 01/12/2015 01/10/2017 Class 2007-A2 1,750,000,000 Floating Feb, May, Aug, Nov 21 21 - 21 0.74250 3,320,625.00 No 05/21/2010 05/21/2012 Class 2007-A3 665,000,000 Fixed Jun, Dec 15 15 - 17 6.15000 0.00 Yes 06/15/2037 06/15/2039 Class 2007-A4 225,000,000 Floating Sep, Dec, Mar, Jun 15 15 - 17 0.87938 0.00 No 06/15/2037 06/15/2039 Class 2007-A5 750,000,000 Fixed Jun, Dec 22 22 - 24 5.50000 0.00 No 06/22/2010 06/22/2012 Class 2007-A6 1,000,000,000 Floating Oct, Jan Apr, Jul 12 13 - 12 0.50000 0.00 Yes 07/12/2010 07/12/2012 Class 2007-A7 3,250,000,000 Floating Monthly 20 20 - 20 0.63875 1,787,612.85 No 08/20/2012 08/20/2014 Class 2007-A8 1,750,000,000 Fixed Mar, Sep 20 20 - 20 5.65000 0.00 No 09/20/2017 09/20/2019 Class 2007-A9 500,000,000 Floating Monthly 17 17 - 17 0.76750 330,451.39 No 10/17/2017 10/17/2019 Class 2007-B1 200,000,000 Floating Apr, Jul, Oct, Jan 2 2 - 3 0.67000 0.00 No 04/02/2010 04/02/2012 Class 2007-B2 200,000,000 Fixed Apr, Oct 2 2 - 3 5.00000 0.00 No 04/02/2010 04/02/2012 Class 2007-B5 800,000,000 Floating Monthly 7 7 - 7 0.92125 634,638.89 No 11/07/2012 11/07/2014 Class 2007-B6 200,000,000 Fixed May, November 8 8 - 10 5.00000 0.00 No 11/08/2010 11/08/2012 Class 2008-A1 900,000,000 Fixed Feb, Aug 7 7 - 7 5.35000 24,075,000.00 No 02/07/2018 02/07/2020 Class 2008-A2 1,850,000,000 Floating Monthly 23 23 - 24 1.43500 2,359,777.78 No 01/23/2018 01/23/2020 Class 2008-A5 500,000,000 Fixed Apr, Oct 22 22 - 24 4.85000 0.00 No 04/22/2013 04/22/2015 Class 2008-A6 1,150,000,000 Floating Monthly 20 20 - 20 1.48875 1,474,276.04 No 05/20/2015 05/22/2017 Class 2008-A7 450,000,000 Floating Monthly 20 20 - 20 1.66375 644,703.13 No 05/21/2018 05/20/2020 Class 2008-C6 500,000,000 Fixed June, December 20 20 - 20 6.30000 0.00 No 06/20/2012 06/20/2014 Class 2009-A1 3,000,000,000 Floating Monthly 15 15 - 17 2.03813 5,604,857.50 No 03/15/2012 03/17/2014 Class 2009-A2 1,250,000,000 Floating Monthly 15 15 - 17 1.83813 2,106,190.63 No 05/15/2012 05/15/2014 Class 2009-A3 600,000,000 Fixed Jun, Dec 23 23 - 24 2.70000 0.00 No 06/23/2011 06/24/2013 Class 2009-A4 650,000,000 Fixed Jun, Dec 23 23 - 24 4.90000 0.00 No 06/23/2014 06/23/2016 Total 48,960,000,000 65,037,224.60 - --------------------------------------------------------------------------------------------------------------------------------- (1) If the Payment Date is not a Business Day, then the Payment Date will be the succeeding Business Day. (2) The record date for payment of the notes is the last day of the month before the related payment date. (3) For a newly issued class of notes, interest begins to accrue on the issuance date of that class.
2a. Principal Payments and Deposits to Principal Funding Sub-Accounts for all Deals except 2001-A3 (Dakota) Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period.
2b. Principal Payments and Deposits to Principal Funding Sub-Accounts for 2001-A3 (Dakota) only Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period.
Page 6 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
3a. Funding the Class 'C' Reserve Sub-Accounts 1) 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts 5.12% 2) Is the 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts less than or equal to 4.50% No
3b. Deposits to and Withdrawals from Class C Reserve Sub-Accounts - --------------------------------------------------------------------------------------------------------------- Class/Tranche Targeted Class C Actual Withdrawals Class C Cumulative Deposit to Reserve Deposit to from Class C Reserve Shortfall in Class C Sub-Account Class C Reserve Sub-Account Class C Reserve Ending Reserve Sub-Account Ending Reserve Sub-Account Balance as of Sub-Account Balance Sub-Account Prior Due Period - --------------- ------------ ---------------- ------------- ------------ ------------ -------------- Nothing to report for this period.
Page 7 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
3c. Actual Deposits by Source to Class C Reserve Sub-Accounts - -------------------------------------------------------------------------------------------------- Class/Tranche Surplus Withdrawals Total Required Total Finance Treated as Finance Finance Funding resulting Actual Charge Charge Collections Charge From New Deposits Collections Collections Issuance of Notes - --------------- ----------- ------------------ ----------- ----------------- --------- Nothing to report for this period.
Page 8 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
3d. Withdrawals from Class C Reserve Sub-Accounts - -------------------------------------------------------------------------------------- Class/Tranche Release of Funds Release of funds in In excess of Class C Reserve Total Targeted Sub-Account Actual Amount Due to Maturity Utilization Withdrawals - --------------- ---------------- ------------------- ----------- ------------ Nothing to report for this period.
4. Maximum Enhancement Amount Available to Class A Notes; Class A Usage of Class B and Class C Subordinated Amounts Class/Tranche Maximum Maximum Class A Class A Cumulative Cumulative Enhancement Enhancement Usage of Usage of Class A Class A Amount Amount Class B Class C Usage of Usage of Available Available Subordinated Subordinated Class B Class C from Class from Class Amount for Amount for Subordinated Subordinated B Notes C Notes this Due this Due Amount Amount Period Period - --------------- ------------- ------------- ------------- ------------- ------------- -------------- Class 2001-A3 0 509,888,500 Class 2001-A4 66,335,515 88,447,316 Class 2001-A7 25,128,222 33,504,282 Class 2002-A10 59,829,100 79,772,100 Class 2002-A4 44,871,825 59,829,075 Class 2002-A8 59,829,100 79,772,100 Class 2003-A10 29,914,550 39,886,050 Class 2003-A7 38,888,915 51,851,865 Class 2004-A2 88,547,068 118,062,708 Class 2004-A5 28,323,702 37,764,920 Class 2004-A6 23,603,085 31,470,767 Class 2004-A7 71,794,920 95,726,520 Class 2004-A8 44,871,825 59,829,075 Class 2005-A1 20,257,017 27,009,345 Class 2005-A2 52,350,463 69,800,588 Class 2005-A3 82,265,013 109,686,638 Class 2005-A4 17,948,730 23,931,630 Class 2005-A5 11,965,820 15,954,420 Class 2005-A6 89,743,650 119,658,150 Class 2005-A7 44,871,825 59,829,075 Class 2005-A8 52,350,463 69,800,588 Class 2005-A9 29,914,550 39,886,050 Class 2006-A1 41,880,370 55,840,470 Class 2006-A3 44,871,825 59,829,075 Class 2006-A4 77,777,830 103,703,730 Class 2006-A6 119,658,200 159,544,200 Class 2006-A7 59,829,100 79,772,100 Class 2006-A8 59,829,100 79,772,100 Class 2007-A1 119,658,200 159,544,200 Class 2007-A10 65,812,010 87,749,310 Class 2007-A11 71,794,920 95,726,520 Class 2007-A2 104,700,925 139,601,175 Class 2007-A3 39,786,352 53,048,447 Class 2007-A4 13,461,548 17,948,723 Class 2007-A5 44,871,825 59,829,075 Class 2007-A6 59,829,100 79,772,100 Class 2007-A7 194,444,575 259,259,325 Class 2007-A8 104,700,925 139,601,175 Class 2007-A9 29,914,550 39,886,050 Class 2008-A1 53,846,190 71,794,890 Class 2008-A2 110,683,835 147,578,385 Class 2008-A4 29,914,550 39,886,050 Class 2008-A5 29,914,550 39,886,050 Class 2008-A6 68,803,465 91,737,915 Class 2008-A7 26,923,095 35,897,445 Class 2009-A1 179,487,300 239,316,300 Class 2009-A2 74,786,375 99,715,125 Class 2009-A3 35,897,460 47,863,260 Class 2009-A4 38,888,915 51,851,865 Total 2,885,572,445 4,357,316,819
Page 9 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending July 28, 2009 ==============================================================================
5. Maximum Enhancement Amount Available to Class B Notes; Class B Usage of Class C Subordinated Amounts Class/Tranche Maximum Enhancement Class B Usage of Cumulative Class B Amount Available from Class C Subordinated Usage of Class C Class C Notes Amount for this Due Subordinated Amount Period - --------------- ------------------------ ------------------------ ------------------------ Class 2004-B2 333,333,325 Class 2007-B1 266,666,660 Class 2007-B2 266,666,660 Class 2007-B5 1,066,666,640 Class 2007-B6 266,666,660 Class 2008-B1 233,333,328 Class 2009-B1 933,333,310 Class 2009-B2 246,666,661 Class 2009-B3 114,666,664 Class 2009-B4 183,999,995 Class 2009-B5 16,000,000 Total 3,927,999,902
6. Reductions of and Reimbursements to Nominal Liquidation Amount Class/Tranche Reduction Reduction Cumulative Cumulative Reimbursements Resulting from Resulting from Reduction Reduction of prior an Allocation from a Resulting from Resulting from reductions of of Investor Reallocation an Allocation an Reallocation Nominal Charge-offs of Principal of Investor of Principal Liquidation for this Due Collections Charge-offs Collections to Amount for Period to pay (net of pay interest on this Due interest on Reimbursements) senior classes Period senior of Notes (net of classes of Reimbursements) Notes for this Due Period - --------------- ---------------- ---------------- ---------------- ---------------- ---------------- Nothing to report for this period.
7. Excess Spread/Early Redemption Event Trigger 1) 3 Month Average Surplus Finance Charge Collections 5.46% 2) Is the 3 Month Average Surplus Finance Charge Collections greater than 0.00% Yes
Page 10 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Report this 17 day of August, 2009. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION, As Managing Beneficiary of Citibank Credit Card Issuance Trust and As Servicer of Citibank Credit Card Master Trust I By: /s/ Donald Marmo ____________________________________ Name: Donald Marmo Title: Authorized Representative Page 11 -----END PRIVACY-ENHANCED MESSAGE-----