Citigroup Stock - New 5.60% callable notes priced to 2041
17.06.2026 - 18:29:54 | ad-hoc-news.de
Edited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 18:28 CET. Details in the imprint.
Citigroup Inc. (US1729674242) has added fresh long-term funding by pricing new 5.60% fixed-rate callable notes due 06/17/2041. The move is documented in a recent SEC filing and related pricing supplement, which outline the structure and terms of the issue, according to a StockTitan summary based on the official documents.
Key documents and data on Citigroup stock
All regulatory filings, capital market transactions and background data on Citigroup stock can be found bundled on the issuer pages and our Citigroup topic overview.
New callable notes in detail
The newly priced Citigroup notes carry a fixed coupon of 5.60%, a stated principal of $1,000 per note, and an original issue date of 06/17/2026, with final maturity scheduled for 06/17/2041, according to a pricing supplement summarized by StockTitan. StockTitan highlights from the Citigroup pricing supplement
Citigroup has the option to redeem the notes at 100% of principal, plus accrued interest, beginning on 06/17/2029 and on subsequent scheduled quarterly redemption dates thereafter, giving the bank flexibility to retire the debt early if funding conditions improve. The same pricing document shows the first call date and call mechanics
Balance sheet strategy and operations
Proceeds from the 5.60% notes are earmarked for general corporate purposes and hedging activities, as is standard for senior unsecured funding transactions of this type. The pricing supplement language refers explicitly to general corporate purposes and hedging
The notes are structured with a 30/360 day-count convention and semi-annual interest payments, expected on June 17 and December 17 each year, which aligns with typical bank senior issuance and supports predictable cash-flow planning for both Citigroup and investors.
The supplement also notes that a wholly owned Citigroup subsidiary may assume the obligations on the notes after at least 15 business days' notice, while maintaining their treatment as TLAC-eligible instruments in the group’s capital stack. The document outlines the assumption mechanism and TLAC language
How the new funding fits operationally
Citigroup continues to operate as one of the largest US global banks, with a balance sheet that has to absorb regulatory capital and TLAC requirements, while funding a diversified portfolio of institutional, corporate, and consumer assets worldwide.
Long-dated callable notes such as this 2041 line can help Citigroup stagger its maturity profile, provide stable term funding, and maintain flexibility to refinance if rates or credit spreads move in its favor over the next several years.
The early-call feature starting in 2029 means investors face reinvestment risk if Citigroup exercises the option; in return, they receive a relatively robust fixed coupon of 5.60% in the early years compared with shorter-term bank funding instruments.
From an operational perspective, the bank can adjust its funding mix over time, balancing secured and unsecured issuance, deposits, and wholesale borrowings as it executes on its strategy of sharpening the institutional franchise and exiting non-core consumer markets.
What Citigroup sells
Citigroup generates revenue primarily from global wholesale and consumer banking services, including investment banking, markets and securities services, treasury and trade solutions, corporate lending, credit cards, and retail banking in selected markets.
Where the stock trades today
Citigroup shares (US1729674242) trade on the New York Stock Exchange at $144.68 as of 06/17/2026, 16:00 ET.
Key facts on Citigroup stock
- Company: Citigroup Inc.
- ISIN: US1729674242
- WKN: A1H92V
- Ticker: C
- Venue: NYSE
- Price (as of 06/17/2026, 16:00 ET): 144.68 USD
- Market cap: 278,000,000,000 USD (as of 06/17/2026)
- Sector / Industry: Financials / Diversified Banks
- Index membership: S&P 500
- Next earnings date: 07/12/2026
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
