New Issue: Citigroup prices $2.11 million digital notes on iShares DJ real estate

By Susanna Moon

Chicago, Oct. 31 – Citigroup Funding Inc. priced $2.11 million of 0% digital securities due Nov. 2, 2016 linked to the iShares Dow Jones U.S. real estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above the initial level, the payout at maturity will be par plus the 20% fixed return.

Otherwise, investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Funding Inc.
Issue:	Digital securities
Underlying fund:	iShares Dow Jones U.S. real estate index fund
Amount:	$2,111,000
Maturity:	Nov. 2, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If fund gains, par plus 20%; otherwise, exposure to any losses
Starting share price:	$74.34
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	1730T02F5

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