SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 28, 2004

                                 Citigroup Inc.
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             (Exact name of registrant as specified in its charter)

    Delaware               1-9924               52-1568099
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(State or other         (Commission        (IRS Employer
jurisdiction of         File Number)       Identification No.)
incorporation)

                    399 Park Avenue, New York, New York 10043
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               (Address of principal executive offices) (Zip Code)

                                 (212)559-1000
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              (Registrant's telephone number, including area code)



                                 CITIGROUP INC.
                           Current Report on Form 8-K

Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         Exhibits:



Exhibit No.                                  Description
- -----------                                  -----------
                
1.01               Terms Agreement, dated April 28, 2004, among the Company and
                   the underwriters named therein, relating to the offer and sale
                   of the Company's 5.125% Notes due May 5, 2014.

4.01               Form of Note for the Company's 5.125% Notes due May 5, 2014.


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                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated:  May 5, 2004                         CITIGROUP INC.

                                            By: /s/ Charles E. Wainhouse
                                                ----------------------------
                                                Charles E. Wainhouse
                                                Assistant Treasurer

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