OVERVIEW Citibank Credit Card Issuance Trust (Citiseries Class 2013-A11)'s issuance is an ABS securitization backed by undivided investor interest in Citibank Credit Card Master Trust I's series 2000 collateral certificate, which, in turn, is collateralized by credit card receivables from VISA, MasterCard, and American Express revolving credit card accounts that are originated and serviced by Citibank N.A. We assigned our 'AAA (sf)' rating to the class 2013-A11 notes. The rating reflects our view of Citibank's servicing and origination experience, the transaction's underlying payment structure, and the credit risk inherent in the collateral loan pool, among other factors. NEW YORK (Standard&Poor's) Nov. 6, 2013--Standard&Poor's Ratings Services today assigned its 'AAA (sf)' rating to Citibank Credit Card Issuance
