The bank finished the third quarter with a robust September but fell short of the US$5.5 billion annualised sales record set in 2024.
Citi saw its sales of registered structured notes in the US rebound in the third quarter after turning the second largest issuer in September – the busiest month of the year for the market . Quarterly sales amounted to US$4.1 billion from 1,057 issuances in Q3 2025, representing a higher-than-average tranche size at US$3.9m. It was a nearly 60% surge from the previous quarter when the overall market shrank following ‘Liberation Day’, but a 10.6% decline year-on-yea