Subscribe

Citi boosts muni funds with $1 billion

The funds, sold to wealthy customers under the names named ASTA and MAT, have a total of $15 billion in assets.

Citigroup Inc. will inject $1 billion into six municipal bond funds that have dropped in value, according to a report in The New York Times.
The funds, which were sold to wealthy customers under the names named ASTA and MAT, have a total of $15 billion in assets, according to the report.
About $60

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

More Americans have health insurance than pre-pandemic

But 25 million remain uninsured according to new report.

Bitcoin at one-month low amid broad crypto sell-off

Stocks and bonds providing better returns weakens digital assets appeal.

Goldman sees slower growth, labor market with two Fed cuts

Any further slowing of demand will hit jobs not just openings.

TD facing new allegations in Florida, Bloomberg reports

Canadian big six bank is already under investigation by US regulators.

Demand for bonds is soaring amid rate-cut speculation

Led by US Treasuries, global demand for sovereign debt is rising.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print