<ul><li>Citi has made a strategic minority investment in Cicada Technologies Inc. which operates an all-to-all electronic alternative trading system for Mexican government bonds.</li><li>Citi will also act as a liquidity-provider for the trading platform, joining existing investors Kaszek Ventures, Dila Capital, and BCP Securities.</li><li>Cicada aims to enable technology adoption among market participants and migrate volumes to e-trading in the Mexican fixed income market, which is currently lagging in electronification.</li><li>Since launching last year, Cicada's trading volume has grown 15 times and currently has 15 active institutions on the platform.</li></ul>

Citi Makes Strategic Investment in Cicada

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