Citi delivered a commanding MTN private placement performance in 2025, combining scale, structuring sophistication and global distribution to dominate across multiple award categories. With over 400 MTN private placements executed in more than 20 currencies, the bank demonstrated unrivalled versatility across structured, callable, USD and European MTN markets. Citi’s leadership was particularly evident in structured and callable issuance, where complex risk profiles were paired with deep liquidity from Asian, European and US investors. Standout USD private placements for SSA issuers, including the Kingdom of Belgium’s multi-tap transaction, highlighted Citi’s ability to mobilise sustained demand at size. This breadth, consistency and execution strength make Citi a deserving winner of the Best Structured, Callable, USD and European MTN Private Placement Dealer awards.