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Published on 8/28/2008 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $6 million 95% principal-protected gold-linked notes for Svensk

By Susanna Moon

Chicago, Aug. 28 - AB Svensk Exportkredit priced $6 million of zero-coupon 95% principal-protected gold-linked notes due Aug. 28, 2009 via Citigroup Global Markets Inc., according to a 424B2 filing with the Securities and Exchange Commission.

For each $1,000 principal amount of notes, the payout at maturity will be $950 plus any increase in the price of gold. The payout will be capped at $1,150.

Investors will receive at least 95% of par.

Issuer:AB Svensk Exportkredit
Issue:95% principal-protected notes
Underlying asset:Gold
Amount:$6 million
Maturity:Aug. 28, 2009
Coupon:0%
Price:Par
Payout at maturity:$950 plus any gain in the price of gold, capped at $1,150 per note; floor of 95% of par
Pricing date:Aug. 26
Settlement date:Aug. 29
Underwriter:Citigroup Global Markets Inc.
Fees:0.75%

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