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摘要

citicroup saw strong investor demand for its first US dollar bond offering in six months last week, but it stuck to cheaper debt issued at the bank level amid hopes of an upgrade in the coming months. ooks for the US$2.25bn five-year fixed reached US$4bn just before guidance was announced on Tuesday. It dropped a planned five-year floating-rate note, which saw weaker demand of about US$500m. trong interest had been expected, as US banks were largely absent from the bond market in the second half of last year after they front-loaded issuance before new total loss-absorbing capital (TLAC) rules became effective in January.