Obligation Citigroup 4% ( US1730T0S914 ) en USD

Citigroup

100 % ⇌

Etas-Unis

US1730T0S914 ( en USD )

4% par an ( paiement semestriel )

27/06/2034

Prospectus brochure de l'obligation Citigroup US1730T0S914 en USD 4%, échéance 27/06/2034

1 000 USD

1730T0S91

N/A

27/06/2025 ( Dans 85 jours )

Citigroup est une société financière multinationale américaine offrant une large gamme de services financiers, notamment des services bancaires de détail, des services bancaires d'investissement, la gestion d'actifs et les services de cartes de crédit, à travers le monde.

L'Obligation émise par Citigroup ( Etas-Unis ) , en USD, avec le code ISIN US1730T0S914, paye un coupon de 4% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 27/06/2034

http://www.sec.gov/Archives/edgar/data/831001/000095010314004403/dp47371_424b2-1167.htm
424B2 1 dp47371_424b2-1167.htm PRICING SUPPLEMENT

CALCULATION OF REGISTRATION FEE

Title of each class of securities to be registered
Maximum aggregate offering price
Amount of registration fee(1) (2)
Medium-Term Senior Notes, Series G
$13,000,000
$1,674.40

(1)
Calculated in accordance with Rule 457(r) of the Securities Act.
(2) Pursuant to Rule 457(p) under the Securities Act, the $2,425,774.90 remaining of registration fees previously paid with respect to unsold securities registered on Registration Statement File No.
333-172554, filed on March 2, 2011 by Citigroup Funding Inc., a wholly owned subsidiary of Citigroup Inc., is being carried forward, of which $1,674.40 is offset against the registration fee due for this
offering and of which $2,424,100.50 remains available for future registration fee offset. No additional registration fee has been paid with respect to this offering.

June 24, 2014
Medium-Term Senior Notes, Series G
Pricing Supplement No. 2014-CMTNG0161
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-192302
h
Cal able Step-Up Coupon Notes Due June 27, 2034
· We have the right to redeem the notes for mandatory redemption on any interest payment date on or after June 27, 2019. Unless redeemed by us, from and
including the original issue date to but excluding June 27, 2024, the notes wil bear interest during each quarterly interest period at a per annum rate equal to
4.00%. Unless redeemed by us, from and including June 27, 2024 to but excluding June 27, 2029, the notes wil bear interest during each quarterly interest period
at a per annum rate equal to 4.25%. Unless redeemed by us, from and including June 27, 2029 to but excluding the maturity date, the notes wil bear interest
during each quarterly interest period at a per annum rate equal to 4.50%.
· The notes are unsecured senior debt obligations of Citigroup Inc. All payments due on the notes are subject to the credit risk of Citigroup Inc.
· It is important for you to consider the information contained in this pricing supplement together with the information contained in the accompanying prospectus
supplement and prospectus. The description of the notes below supplements, and to the extent inconsistent with replaces, the description of the general terms
of the notes set forth in the accompanying prospectus supplement and prospectus.
KEY TERMS
Issuer:
Citigroup Inc.
Issue price:
$1,000 per note
Stated principal amount:
$1,000 per note
Aggregate stated principal amount:
$13,000,000
Pricing date:
June 24, 2014
Original issue date:
June 27, 2014
Maturity date:
June 27, 2034. If the maturity date is not a business day, then the payment required to be made on the maturity date wil
be made on the next succeeding business day with the same force and effect as if it had been made on the maturity
date. No additional interest will accrue as a result of delayed payment.
Principal due at maturity:
Ful principal amount due at maturity
Payment at maturity:
$1,000 per note plus any accrued and unpaid interest
Interest rate per annum:
From and including the original issue date to but excluding June 27, 2024, unless redeemed by us: 4.00%
From and including June 27, 2024 to but excluding June 27, 2029, unless redeemed by us: 4.25%
From and including June 27, 2029 to but excluding the maturity date, unless redeemed by us: 4.50%
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Interest period:
The three-month period from the original issue date to but excluding the immediately fol owing interest payment date, and
each successive three-month period from and including an interest payment date to but excluding the next interest payment
date
Interest payment dates:
Quarterly on the 27th day of each March, June, September and December of each year, commencing September 27, 2014
and ending on the maturity date, provided that if any such day is not a business day, the applicable interest payment wil be
made on the next succeeding business day. No additional interest wil accrue on that succeeding business day. Interest wil
be payable to the persons in whose names the notes are registered at the close of business on the business day
preceding each interest payment date, which we refer to as a regular record date, except that the interest payment due at
maturity or upon earlier redemption wil be paid to the persons who hold the notes on the maturity date or earlier date of
redemption, as applicable.
Day count convention:
30/360 Unadjusted. See "Determination of Interest Payments" in this pricing supplement.
Redemption:
Beginning on June 27, 2019, we have the right to redeem the notes for mandatory redemption, in whole and not in part, on
any redemption date and pay to you 100% of the principal amount of the notes plus accrued and unpaid interest to but
excluding the date of such redemption. If we decide to redeem the notes, we wil give you notice at least five business
days before the redemption date specified in the notice.

So long as the notes are represented by global securities and are held on behalf of The Depository Trust Company
("DTC"), redemption notices and other notices wil be given by delivery to DTC. If the notes are no longer represented by
global securities and are not held on behalf of DTC, redemption notices and other notices wil be published in a leading
daily newspaper in New York City, which is expected to be The Wal Street Journal.
Redemption dates:
June 27, 2019 and each interest payment date thereafter
Survivor's option:
The representative of a deceased beneficial owner of the notes wil have the right to request early repayment of the notes,
subject to the terms and limitations described under "Repayment Upon Death" in this pricing supplement
Business day:
Any day that is not a Saturday or Sunday and that, in New York City, is not a day on which banking institutions are
authorized or obligated by law or executive order to close
Business day convention:
Fol owing
CUSIP:
1730T0S91
ISIN:
US1730T0S914
Listing:
The notes wil not be listed on any securities exchange and, accordingly, may have limited or no liquidity. You should not
invest in the notes unless you are wil ing to hold them to maturity.
Underwriter:
Citigroup Global Markets Inc. ("CGMI"), an affiliate of the issuer. See "General Information--Supplemental information
regarding plan of distribution; conflicts of interest" in this pricing supplement.
Underwriting fee and issue price:
Issue price
Underwriting fee(1) (2)
Proceeds to issuer(2)
Per note:
$1,000.00
$20.00
$980.00
Total:
$13,000,000.00
$260,000.00
$12,740,000.00
(1) CGMI, an affiliate of Citigroup Inc. and the underwriter of the sale of the notes, is acting as principal and wil receive an underwriting fee of up to $20.00 for each note sold in this offering. The actual
underwriting fee wil be equal to the sel ing concession provided to selected dealers. Selected dealers not affiliated with CGMI wil receive a selling concession of up to $20.00 for each note they sell.
Additionally, it is possible that CGMI and its affiliates may profit from expected hedging activity related to this offering, even if the value of the notes declines. You should refer to "Risk Factors," "General
Information--Fees and selling concessions" and "General Information--Supplemental information regarding plan of distribution; conflicts of interest" in this pricing supplement for more information.
(2) The per note proceeds to Citigroup Inc. indicated above represent the minimum per note proceeds to Citigroup Inc. for any note, assuming the maximum per note underwriting fee of $20.00. As noted in
footnote (1), the underwriting fee is variable. The total underwriting fee and proceeds to issuer shown above give effect to the actual amount of this variable underwriting fee. You should refer to "Risk Factors,"
"General Information--Fees and selling concessions" and "General Information--Supplemental information regarding plan of distribution; conflicts of interest" in this pricing supplement for more information.
Investing in the notes involves risks not associated with an investment in conventional fixed rate debt securities. See "Risk
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Factors" beginning on page PS-2.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the notes or determined that this pricing
supplement and the accompanying prospectus supplement and prospectus is truthful or complete. Any representation to the contrary is a criminal offense. You
should read this pricing supplement together with the accompanying prospectus supplement and prospectus, each of which can be accessed via the following
hyperlink. Prospectus Supplement and Prospectus each dated November 13, 2013
The notes are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they
obligations of, or guaranteed by, a bank.

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Callable Step-Up Coupon Notes Due June 27, 2034

Risk Factors

The following is a non-exhaustive list of certain key risk factors for investors in the notes. You should read the risk factors below together with the risk factors
included in the documents incorporated by reference in the accompanying prospectus, including our most recent Annual Report on Form 10-K and any
subsequent Quarterly Reports on Form 10-Q, which describe risks relating to our business more generally. We also urge you to consult your investment, legal,
tax, accounting and other advisers in connection with your investment in the notes.

§
The notes may be redeemed at our option, which limits your ability to accrue interest over the full term of the notes. We may redeem the notes, in
whole and not in part, on any interest payment date beginning five years after the date of issuance of the notes upon not less than five business days' notice. In
the event that we redeem the notes, you wil receive the principal amount of your investment in the notes and any accrued and unpaid interest to but excluding
the date on which the notes are redeemed. In this case, you wil not have the opportunity to continue to accrue and be paid interest to the maturity date of the
notes.

§
Market interest rates at a particular time will affect our decision to redeem the notes. It is more likely that we wil redeem the notes for mandatory
redemption prior to their maturity date at a time when the interest rate on the notes is greater than that which we would pay on a comparable debt security of
Citigroup Inc. with a maturity comparable to the remaining term of the notes. Consequently, if we redeem the notes prior to their maturity, you may not be able to
invest in other securities with a similar level of risk that yield as much interest as the notes.

§
The step-up feature presents different investment considerations than fixed-rate notes. Unless general market interest rates rise significantly, you should
not expect to earn the higher stated interest rates, which are applicable only after the first five years of the term of the notes, because the notes are likely to be
redeemed prior to maturity if general market interest rates remain the same or fal during the term of the notes. When determining whether to invest in the notes,
you should consider, among other things, the overall annual percentage rate of interest to maturity or the various potential redemption dates as compared to
other equivalent investment alternatives rather than the higher stated interest rates or any potential interest payments you may receive after the first five years
fol owing the issuance of the notes. If general market interest rates increase beyond the rates provided by the notes during the term of the notes, we wil likely
not redeem the notes, and investors wil be holding notes that bear interest at below-market rates.

§
An investment in the notes may be more risky than an investment in notes with a shorter term. The notes have a term of twenty years, subject to our
right to redeem the notes for mandatory redemption beginning five years after the date of issuance of the notes. By purchasing notes with a longer term, you
wil bear greater exposure to fluctuations in interest rates than if you purchased a note with a shorter term. In particular, you may be negatively affected if
interest rates begin to rise, because the likelihood that we wil redeem your notes wil decrease and the interest rate on the notes may be less than the amount
of interest you could earn on other investments with a similar level of risk available at such time. In addition, if you tried to sel your notes at such time, the value
of your notes in any secondary market transaction would also be adversely affected.

§
The notes are subject to the credit risk of Citigroup Inc., and any actual or anticipated changes to its credit ratings or credit spreads may adversely
affect the value of the notes. You are subject to the credit risk of Citigroup Inc. If Citigroup Inc. defaults on its obligations under the notes, your investment
would be at risk and you could lose some or al of your investment. As a result, the value of the notes wil be affected by changes in the market's view of
Citigroup Inc.'s creditworthiness. Any decline, or anticipated decline, in Citigroup Inc.'s credit ratings or increase, or anticipated increase, in the credit spreads
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charged by the market for taking Citigroup Inc. credit risk is likely to adversely affect the value of the notes.

§
The notes will not be listed on any securities exchange and you may not be able to sell the notes prior to maturity. The notes wil not be listed on any
securities exchange. Therefore, there may be little or no secondary market for the notes. CGMI currently intends to make a secondary market in relation to the
notes and to provide an indicative bid price for the notes on a daily basis. Any indicative bid price for the notes provided by CGMI wil be determined in CGMI's
sole discretion, taking into account prevailing market conditions and other relevant factors, and wil not be a representation by CGMI that the notes can be sold
at that price or at al . CGMI may suspend or terminate making a market and providing indicative bid prices without notice, at any time and for any reason. If
CGMI suspends or terminates making a market, there may be no secondary market at al for the notes because it is likely that CGMI wil be the only broker-
dealer that is wil ing to buy your notes prior to maturity. Accordingly, an investor must be prepared to hold the notes until maturity.

§
Immediately following issuance, any secondary market bid price provided by CGMI, and the value that will be indicated on any brokerage account
statements prepared by CGMI or its affiliates, will reflect a temporary upward adjustment. The amount of this temporary upward adjustment wil steadily
decline to zero over the temporary adjustment period. See "General Information--Temporary adjustment period" in this pricing supplement.

§
Secondary market sales of the notes may result in a loss of principal. You wil be entitled to receive at least the ful stated principal amount of your notes,
subject to the credit risk of Citigroup Inc., only if you hold the notes to maturity or redemption. If you are able to sel your notes in the secondary market prior to
maturity or redemption, you are likely to receive less than the stated principal amount of the notes.

June 2014
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Callable Step-Up Coupon Notes Due June 27, 2034

§
The inclusion of underwriting fees and projected profit from hedging in the issue price is likely to adversely affect secondary market prices.
Assuming no changes in market conditions or other relevant factors, the price, if any, at which CGMI may be wil ing to purchase the notes in secondary market
transactions wil likely be lower than the issue price since the issue price of the notes includes, and secondary market prices are likely to exclude, underwriting
fees paid with respect to the notes, as wel as the cost of hedging our obligations under the notes. The cost of hedging includes the projected profit that our
affiliates may realize in consideration for assuming the risks inherent in managing the hedging transactions. The secondary market prices for the notes are also
likely to be reduced by the costs of unwinding the related hedging transactions. Our affiliates may realize a profit from the expected hedging activity even if the
value of the notes declines. In addition, any secondary market prices for the notes may differ from values determined by pricing models used by CGMI, as a
result of dealer discounts, mark-ups or other transaction costs.

§
The price at which you may be able to sell your notes prior to maturity will depend on a number of factors and may be substantially less than the
amount you originally invest. A number of factors wil influence the value of the notes in any secondary market that may develop and the price at which CGMI
may be wil ing to purchase the notes in any such secondary market, including: interest rates in the market and the volatility of such rates, the time remaining to
maturity of the notes, hedging activities by our affiliates, fees and projected hedging fees and profits, expectations about whether we are likely to redeem the
notes, CGMI's estimation of the value of the survivor's option to a hypothetical holder of the notes and any actual or anticipated changes in the credit ratings,
financial condition and results of Citigroup Inc. The value of the notes wil vary and is likely to be less than the issue price at any time prior to maturity or
redemption, and sale of the notes prior to maturity or redemption may result in a loss.

§
The survivor's option is subject to significant limitations. The representative of a deceased beneficial owner of the notes wil have the right to request
early repayment of the notes by us on the terms described in the section "Repayment Upon Death" in this pricing supplement. That repayment right is subject to
significant limitations, including the fol owing: the notes must have been beneficial y owned by the deceased beneficial owner or his or her estate for at least one
year prior to submission of the request for repayment; the notes wil be grouped with al other Survivor's Option Notes and subject to an aggregate annual
repayment limit, as more ful y described under "Repayment Upon Death"; and we wil not be obligated to repay more than $250,000 in stated principal amount of
the notes offered by this pricing supplement to the representative of any individual deceased beneficial owner of the notes in any calendar year. Because of
these limitations, your representative may not be able to obtain repayment of any of the notes beneficial y owned by you fol owing your death, or may only be
able to obtain repayment of a portion of the notes owned by you, and any such repayment may be delayed for multiple years. See "Repayment Upon Death" in
this pricing supplement for additional information.

June 2014
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Callable Step-Up Coupon Notes Due June 27, 2034

General Information
Temporary adjustment period:
For a period of approximately six months fol owing issuance of the notes, the price, if any, at which CGMI would be wil ing
to buy the notes from investors, and the value that wil be indicated for the notes on any brokerage account statements
prepared by CGMI or its affiliates (which value CGMI may also publish through one or more financial information vendors),
wil reflect a temporary upward adjustment from the price or value that would otherwise be determined. This temporary
upward adjustment represents a portion of the hedging profit expected to be realized by CGMI or its affiliates over the
term of the notes. The amount of this temporary upward adjustment wil decline to zero on a straight-line basis over the
six-month temporary adjustment period.

U.S. federal income tax
The notes wil be treated for U.S. federal income tax purposes as fixed rate debt instruments that are issued without
considerations:
original issue discount.

Both U.S. and non-U.S. persons considering an investment in the notes should read the discussion under "United States
Federal Tax Considerations," and in particular the sections entitled "United States Federal Tax Considerations--Tax
Consequences to U.S. Holders" and "--Tax Consequences to Non-U.S. Holders" in the accompanying prospectus
supplement for more information.

Trustee:
The Bank of New York Mel on (as trustee under an indenture dated November 13, 2013, as amended) wil serve as trustee
for the notes.

Use of proceeds and hedging:
The net proceeds received from the sale of the notes wil be used for general corporate purposes and, in part, in
connection with hedging our obligations under the notes through one or more of our affiliates.

Hedging activities related to the notes by one or more of our affiliates likely involve trading in one or more instruments, such
as options, swaps and/or futures, and/or taking positions in any other available securities or instruments that we may wish
to use in connection with such hedging. It is possible that our affiliates may profit from this hedging activity, even if the value
of the notes declines. Profit or loss from this hedging activity could affect the price at which Citigroup Inc.'s affiliate, CGMI,
may be wil ing to purchase your notes in the secondary market. For further information on our use of proceeds and
hedging, see "Use of Proceeds and Hedging" in the accompanying prospectus.

ERISA and IRA purchase
Please refer to "Benefit Plan Investor Considerations" in the accompanying prospectus supplement for important
considerations:
information for investors that are ERISA or other benefit plans or whose underlying assets include assets of such plans.

Fees and selling concessions:
CGMI, an affiliate of Citigroup Inc. and the underwriter of the sale of the notes, is acting as principal and wil receive an
underwriting fee of up to $20.00 for each note sold in this offering. The actual underwriting fee per note wil be equal to the
sel ing concession provided to selected dealers. CGMI wil pay selected dealers not affiliated with CGMI a sel ing
concession of up to $20.00 for each $1,000.00 note they sel .
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Additional y, it is possible that CGMI and its affiliates may profit from expected hedging activity related to this offering, even
if the value of the notes declines. You should refer to "Risk Factors" above and the section "Use of Proceeds and Hedging"
in the accompanying prospectus.

Supplemental information regarding The terms and conditions set forth in the Global Sel ing Agency Agreement dated November 13, 2013 among Citigroup Inc.
plan of distribution; conflicts of
and the agents named therein, including CGMI, govern the sale and purchase of the notes.
interest:

CGMI, acting as principal, has agreed to purchase from Citigroup Inc., and Citigroup Inc. has agreed to sel to CGMI,
$13,000,000 aggregate stated principal amount of the notes ($13,000 notes) for a minimum of $980.00 per note. CGMI
proposes to offer the notes to selected dealers at $1,000.00 per note less a sel ing concession as described under
"--Fees and selling concessions" above.

The notes wil not be listed on any securities exchange.

In order to hedge its obligations under the notes, Citigroup Inc. has entered into one or more swaps or other derivatives
transactions with one or more of its affiliates. You should refer to the section "General Information--Use of proceeds and
hedging" in this pricing supplement and the

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Callable Step-Up Coupon Notes Due June 27, 2034

section "Use of Proceeds and Hedging" in the accompanying prospectus.

CGMI is an affiliate of Citigroup Inc. Accordingly, the offering of the notes wil conform with the requirements addressing
conflicts of interest when distributing the securities of an affiliate set forth in Rule 5121 of the Conduct Rules of the
Financial Industry Regulatory Authority, Inc. Client accounts over which Citigroup Inc., its subsidiaries or affiliates of its
subsidiaries have investment discretion are not permitted to purchase the notes, either directly or indirectly, without the
prior written consent of the client. See "Plan of Distribution; Conflicts of Interest" in the accompanying prospectus
supplement for more information.

Paying agent:
Citibank, N.A. wil serve as paying agent and registrar and wil also hold the global security representing the notes as
custodian for The Depository Trust Company ("DTC").

Contact:
Clients may contact their local brokerage representative. Third party distributors may contact Citi Structured Investment
Sales at (212) 723-7005.

We encourage you to also read the accompanying prospectus supplement and prospectus, which can be accessed via the hyperlink on the cover page of this
pricing supplement.

Determination of Interest Payments

On each interest payment date, the amount of each interest payment wil equal (i) the stated principal amount of the notes multiplied by the interest rate in effect
during the applicable interest period divided by (ii) 4.

Repayment Upon Death

The information in this section supersedes and replaces the information in the section "Description of the Notes--Repayment Upon Death" in the accompanying
prospectus supplement.

Fol owing the death of any beneficial owner of the notes, Citigroup Inc. wil repay any notes (or the applicable portion of any notes) that are beneficial y owned by
the deceased beneficial owner and are validly tendered for repayment at a price equal to the stated principal amount of the notes tendered plus accrued and unpaid
interest to but excluding the date of repayment. To be validly tendered, notes must be submitted for repayment in accordance with the requirements set forth below
by a representative of the deceased beneficial owner who has authority to act on behalf of the deceased beneficial owner under the laws of the appropriate
jurisdiction (including, without limitation, the personal representative, executor, surviving joint tenant or surviving tenant by the entirety of the deceased beneficial
owner). The right of the representative of a deceased beneficial owner to request repayment under this section, which we refer to as the "survivor's option," is
subject to the fol owing important limitations:

·
The notes tendered for repayment must have been beneficially owned by the deceased beneficial owner or his or her estate for at least one year prior to
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the submission of the request for repayment.

·
Citigroup Inc.'s repayment obligation with respect to al Survivor's Option Notes (including but not limited to the notes offered by this pricing supplement) in
any calendar year wil be subject to an aggregate limit (the "Aggregate Annual Limit") equal to the greater of (i) $2 mil ion and (i ) 1% of the aggregate
outstanding stated principal amount of al Survivor's Option Notes as of the end of the most recent calendar year. The Aggregate Annual Limit applies to al
Survivor's Option Notes as a group. "Survivor's Option Notes" are notes issued by Citigroup Inc. on or after June 1, 2014 that are designated as Survivor's
Option Notes in the applicable pricing supplement. The notes offered by this pricing supplement are Survivor's Option Notes.

·
Citigroup Inc. wil not be obligated to repay more than $250,000 in stated principal amount of the notes offered by this pricing supplement to the
representative of any individual deceased beneficial owner in any calendar year (the "$250,000 Individual Annual Limit"). For the avoidance of doubt, the
$250,000 Individual Annual Limit applies only to the notes offered by this pricing supplement. Any other Survivor's Option Notes owned by a deceased
beneficial owner of the notes offered by this pricing supplement would not count against the $250,000 Individual Annual Limit applicable to the notes offered
by this pricing supplement.

·
The stated principal amount of notes tendered for repayment must be $1,000 or an integral multiple of $1,000.

Notes that are validly tendered pursuant to this section wil be accepted promptly in the order al such notes are tendered, except for any notes the acceptance of
which would contravene the limitations described above. The Aggregate Annual Limit and the $250,000 Individual Annual Limit wil be applied to the notes (and, in
the case of the Aggregate Annual Limit, al other Survivor's Option Notes) in the order tendered, so that al validly tendered notes wil be accepted for repayment in
the order tendered until the relevant limit is reached, and any additional or subsequently tendered notes wil not be accepted for repayment in the current calendar
year. Any notes tendered for repayment that are not accepted in any calendar year due to the application of the Aggregate Annual Limit or the $250,000

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