Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 10114

Citigroup Global Markets Reset Option Certificates Trust II-R Series 10114, relating to Sacramento Regional County Sanitation Districts Financing Authority revenue bonds series 2004A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, AMBAC-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Financial Products Inc. (NR) and the guarantor is Citigroup Inc. (A-1+). Citigroup Global Markets Reset Option Long II-R Series 10114, relating to Sacramento Regional County Sanitation Districts Financing Authority revenue bonds series 2004A, are rated 'AAA'. The rating is based on the 'AAA' rated, AMBAC-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap

...Citigroup Global Markets Reset Option Certificates Trust II-R Series 10114, relating to Sacramento Regional County Sanitation Districts Financing Authority revenue bonds series 2004A, are rated '###/A-1+'. The long-term component of the rating is based on the '###' rated, AMBAC-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Financial Products Inc. (##) and the guarantor is Citigroup Inc. (A-1+). Citigroup Global Markets Reset Option Long II-R Series 10114, relating to Sacramento Regional County Sanitation Districts Financing Authority revenue bonds series 2004A, are rated '###'. The rating is based on the '###' rated, AMBAC-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citigroup Financial Products Inc. (##) and the guarantor is Citigroup Inc. (A-1+). Optionally tendered ROCs that are not remarketed will be purchased from...

Summary