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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
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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 the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, READ MORE >

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

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

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