New Issue: Citigroup prices $4.02 million notes linked to four currencies versus dollar

By Angela McDaniels

Tacoma, Wash., Nov. 25 - Citigroup Funding Inc. priced $4.02 million of 0% notes due Dec. 5, 2011 linked to the performance of a basket of currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Brazilian real, Russian ruble, Indian rupee and South African rand.

The payout at maturity will be par plus 120% of any basket appreciation relative to the dollar. Investors will be exposed to any weakening of the basket, subject to a minimum payout of 95% of par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Notes
Underlying currencies:	Brazilian real, Russian ruble, Indian rupee and South African rand, equally weighted
Amount:	$4,016,000
Maturity:	Dec. 5, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 120% of any basket gain versus the dollar; par minus any basket loss versus the dollar, subject to maximum loss of 5%
Initial exchange rates:	1.7245 reais per dollar; 28.7956 rubles per dollar; 46.49 rupees per dollar; 7.493987 rand per dollar
Pricing date:	Nov. 23
Settlement date:	Nov. 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.75%

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