Treasury Department To Receive $894 Million From Citi Debt Deal

By  |  February 6, 2013
 | 

The Treasury Department said it will receive $894 million from the sale of debt issued by Citi for funds under the Asset Guarantee Program, notes American Banker.

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    The sale would end the Treasury’s ownership of securities in CitiGroup, and will bring the total return on the $45 billion given to the company to $13.4 billion.

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