Citigroup Launches First 2026 Investment-Grade Bond Sale in Up to 4 Parts
Updated
Updated · Bloomberg · Jun 11
Citigroup Launches First 2026 Investment-Grade Bond Sale in Up to 4 Parts
2 articles · Updated · Bloomberg · Jun 11
Summary
Citigroup is marketing its first investment-grade bonds of 2026 through its Citibank unit, with the deal structured in as many as four tranches.
Initial price talk for the longest maturity — a six-year note — is about 0.95 percentage point above Treasuries, indicating where investor demand is being tested.
$123.3 billion of debt has already been issued this year by the other five biggest Wall Street banks, placing Citi's sale into an already active bank funding market.