TMC Bonds LLC (TMC), a leading retail fixed income alternative trading system, and Citi have announced a definitive agreement to offer new issue municipal bonds via TMC’s vast network of dealers with access to over 125,000 financial advisors. Citi and TMC’s distribution agreement enables pre-approved firms to access Citi’s qualified negotiated retail primary offerings via the TMC platform. The arrangement will enable firms, who have historically not had access to municipal new issue bonds, to participate in retail order periods as virtual members of the syndicate. “We are confident this platform will dramatically expand our clients’ distribution network while increasing transparency and openness in the municipal market,” said Ward Marsh, Head of the Municipals Securities Division at Citi. “We are very pleased to have a leading institution like Citi partner with us and help to expand our product offerings,” said Tom Vales, TMC’s CEO. “The platform was developed to support deals of all sizes and with multiple underwriters. This will be beneficial not only to issuers, but the retail investor as well.” TMC, established in 2000 as TheMuniCenter has grown to become the leading electronic trading platform for US municipals, accounting for 25% of all inter-dealer trades in the secondary municipal market through July of 2013. About TMC Formed in 2000, TMC is a leading retail fixed income marketplace. Based on the most recent MSRB statistics, TMC is responsible for 25% of all inter-dealer municipal transactions. Beyond municipals, the firm offers extensive taxable inventory including Agencies, Build America Bonds, CDs, CMOs, Corporates, MTNs, Structured Products, and Treasuries. TMC is majority owned by Citi, Bank of America Merrill Lynch, Morgan Stanley and Assured Guaranty Ltd. For more information on TMC, please visit our website at www.tmcbonds.com. About Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.