Summary: Atlanta, GA

Citigroup Global Markets Reset Option Certificates II-R Trust Series 2166, relating to Atlanta, Ga. general obligation public improvement bonds series 2004A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Global Markets Holdings Inc. until Dec. 15, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 2166, relating to Atlanta, Ga. general obligation public improvement bonds series 2004A, are rated 'AAA'. The rating is based on the MBIA-insured underlying bonds.

...Citigroup Global Markets Reset Option Certificates II-R Trust Series 2166, relating to Atlanta, Ga. general obligation public improvement bonds series 2004A, are rated '###/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Global Markets Holdings Inc. until Dec. 15, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 2166, relating to Atlanta, Ga. general obligation public improvement bonds series 2004A, are rated '###'. The rating is based on the MBIA-insured underlying bonds. Complete ratings information is available to subscribers of RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find a Rating, then Credit Ratings...

Summary