Citigroup Inc.

DepositsCiti continues to focus on maintaining a geographically diverse retail andcorporate deposit base that stood at $845 billion at December 31, 2010,as compared with $836 billion at December 31, 2009 and $850 billionat September 30, 2010. The $9 billion increase in deposits year over yearwas largely due to FX translation and higher deposit volumes in RegionalConsumer Banking and Transaction Services. These increases werepartially offset by a decrease in Securities and Banking and Citi Holdings’deposits. Compared to the prior quarter, deposits decreased modestly by$5 billion due primarily to lower balances in Securities and Banking andCiti Holdings, partially offset by increases in FX translation and higherdeposit volumes in Regional Consumer Banking.Citigroup’s deposits are diversified across clients, products and regions, withapproximately 64% outside of the United States as of December 31, 2010. Depositscan be interest bearing or non-interest bearing. As of December 31, 2010, interestbearingdeposits payable by Citigroup’s foreign and domestic banking subsidiariesconstituted 58% and 27% of total deposits, respectively, while non-interest-bearingdeposits constituted 7% and 9%, respectively.Long-Term DebtLong-term debt is an important funding source because of its multi-yearmaturity structure. At December 31, 2010, long-term debt outstanding forCitigroup was as follows:TotalIn billions of dollars Non-bank Bank Citigroup (1)Long-term debt (2)(3) $268.0 $ 113.2 (4) $381.2(1) Total long-term debt at December 31, 2010 includes $69.7 billion of long-term debt related to VIEsconsolidated effective January 1, 2010 with the adoption of SFAS 166/167.(2) Original maturities of one year or more.(3) Of this amount, approximately $58.3 billion is guaranteed by the FDIC under the TLGP with$20.3 billion maturing in 2011 and $38.0 billion maturing in 2012.(4) At December 31, 2010, collateralized advances from the FHLBs were $18.2 billion.The table below details the long-term debt issuances of Citigroup during the past five quarters.In billions of dollars4Q09Full year2009 1Q10 2Q10 3Q10 4Q10Full year2010Unsecured long-term debt issued under TLGP guarantee $10.0 $ 58.9 $ — $ — $ — $ — $ —Unsecured long-term debt issued without TLGP guarantee 4.6 (1) 26.0 1.3 5.3 (2) 7.6 5.9 (3) 20.1Unsecured long-term debt issued on a local country level 2.5 7.3 1.7 0.9 2.1 2.2 6.9Trust preferred securities (TRUPS) — 27.1 2.3 — — — 2.3Secured debt and securitizations 2.7 17.0 2.0 — — 2.5 4.5Total $19.8 $136.3 $7.3 $6.2 $9.7 $10.6 $33.8(1) Includes $1.9 billion of senior debt issued under remarketing of $1.9 billion of Citigroup Capital XXIX Trust Preferred securities held by ADIA to enable them to execute the forward stock purchase contract inMarch 2010.(2) Includes $1.9 billion of senior debt issued under remarketing of $1.9 billion of Citigroup Capital XXX Trust Preferred securities held by ADIA to enable them to execute the forward stock purchase contract inSeptember 2010.(3) Includes $1.9 billion of senior debt issued under remarketing of $1.9 billion of Citigroup Capital XXXI Trust Preferred securities held by ADIA to enable them to execute the forward stock purchase contract inMarch 2011.65