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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 1097 Mar 08

  • ID: 1717815
  • March 2008
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 1097, relating to state of Texas general obligation mobility fund bonds series 2008, are rated 'AA/A-1+'. The long-term component of the rating is based on the 'AA' rated underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Financial Products Inc. (NR) and the guarantor is Citigroup Inc. (A-1+).  Citigroup Global Markets Reset Option Long II-R Series 1097, relating to state of Texas general obligation mobility fund bonds series 2008, are rated 'AA'. The rating is based on the 'AA' rated underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citigroup Financial Products Inc....

Companies mentioned in this report are:
- Texas
- Citigroup Global Markets ROCs/ROLs II-R Tr

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine READ MORE >

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- Texas
- Citigroup Global Markets ROCs/ROLs II-R Tr

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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