# Citibank Redeems $2 Billion in 2026 Notes

> Citibank redeems $2 billion of fixed rate notes and $500 million of floating rate notes due 2026.
- Title: Citibank Redeems $2 Billion in 2026 Notes · Financial Post
- Summary: Citibank redeems $2 billion of fixed rate notes and $500 million of floating rate notes due 2026.
- Keywords: citibank, redemption, fixed rate notes, floating rate notes, 2026, liability management, Financial Post
- Source: Financial Post — https://financialpost.com/pmn/business-wire-news-releases-pmn/citibank-announces-2-billion-redemption-of-5-488-notes-due-2026-and-500-million-redemption-of-floating-rate-notes-due-2026
- Author: Business Wire
- Published: 2026-10-30T20:20:35+00:00
- Read time: 1 min
- Topics: citibank, redemption, fixed rate notes, floating rate notes, 2026, liability management, money, business
## Citibank Announces Redemption
Citibank, N.A. is redeeming $2 billion of 5.488% notes due 2026 and $500 million of floating rate notes due 2026.
## Redemption Date and Price
The redemption date is November 4, 2026, with cash redemption price equal to par plus accrued and unpaid interest.
## Liability Management Strategy
The redemptions align with Citibank’s strategy to enhance funding and capital efficiency through debt management.
## Key takeaway

Citibank redeems $2 billion of 5.488% notes due 2026 and $500 million of floating rate notes due 2026 as part of its liability management strategy.