Citigroup Global Markets Reset Option Certificates II-R Series 12206, relating to Health and Educational Facilities Authority revenue bonds, Harvard University issue series 2005A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated 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 12206, relating to Health and Educational Facilities Authority revenue bonds, Harvard University issue series 2005A, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty