Citibank 2011 Annual Report Download - page 232

210
19. DEBT
Short-Term Borrowings
Short-term borrowings consist of commercial paper and other borrowings
with weighted average interest rates at December 31 as follows:
2011 
In millions of dollars Balance
Weighted
average "ALANCE
7EIGHTEDæ
AVERAGE
Commercial paper ææ
"ANK $14,872 0.32%  
/THERæNONBANKæ 6,414 0.49  
æ$21,286 
Other borrowings (1) 33,155 1.09%  
Total $54,441 
æ !Tæ$ECEMBERæææANDæ$ECEMBERæææCOLLATERALIZEDæADVANCESæFROMæTHEæ&EDERALæ(OMEæ,OANæ
"ANKæWEREææBILLIONæANDææBILLIONæRESPECTIVELY
Borrowings under bank lines of credit may be at interest rates based on
LIBOR, CD rates, the prime rate, or bids submitted by the banks. Citigroup
pays commitment fees for its lines of credit.
Some of Citigroup’s non-bank subsidiaries have credit facilities with
Citigroup’s subsidiary depository institutions, including Citibank, N.A.
Borrowings under these facilities must be secured in accordance with
Section 23A of the Federal Reserve Act.
Citigroup Global Markets Holdings Inc. (CGMHI) has substantial
borrowing agreements consisting of facilities that CGMHI has been advised
are available, but where no contractual lending obligation exists. These
arrangements are reviewed on an ongoing basis to ensure flexibility in
meeting CGMHI’s short-term requirements.
Long-Term Debt
Balances at
December 31,
In millions of dollars
Weighted
average
coupon Maturities 2011 
Citigroup parent company
3ENIORæNOTESæ 4.44% 2012–2098 $136,468 
3UBORDINATEDæNOTESæ 4.84 2012–2036 29,177 
*UNIORæSUBORDINATEDæNOTESæ
RELATINGæTOæTRUSTæPREFERREDæ
SECURITIES 7.10 2031–2067 16,057 
Bank (2)
3ENIORæNOTES 2.22 2012–2046 75,685 
3UBORDINATEDæNOTESæ 3.52 2012–2039 859 
Non-bank
3ENIORæNOTES 2.68 2012–2097 65,063 æ
3UBORDINATEDæNOTESæ 1.40 2012–2037 196 
Total (3)(4) $323,505 
3ENIORæNOTES $277,216 
3UBORDINATEDæNOTESæ 30,232 
*UNIORæSUBORDINATEDæNOTESæ
RELATINGæTOæTRUSTæPREFERREDæ
SECURITIES 16,057 
Total $323,505 
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