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Fitch affirms Citigroup
Fitch Ratings said it affirmed the issuer debt rating and debt ratings of Citigroup Inc. and its related entities as follows: long term issuer default rating at AA+, short term issuer default rating at F1+, -individual at A, support at 5, senior unsecured at AA+ and subordinated/preferred at AA.
Citigroup's outlook is stable.
Fitch said its affirmation follows Citigroup's announcement this morning of a sharp decline in expected third-quarter 2007 earnings.
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