Bonds

DBRS Rates New Citigroup Issuance 

Independent credit-rating agency DBRS on Monday assigned ratings to a new issuance out of Citigroup [stock C][/stock]. The new issuance — one of the first major private-market issuances in several years — comes as deals involving residential mortgages have begun picking up in recent months, according to a DBRS spokesperson. The certificates involved in the ratings assignments, within Citigroup Mortgage Loan Trust 2009-B, are worth nearly $300m combined.