Scottsdale, Ariz. In the ongoing quest to reduce liquidity requirements, Citibank's Eureka Securitization Inc. has been re-tinkered to issue medium term notes (MTNs), the first of which will be sold by the end of the month, according to panelists speaking during the Arizona conferences.

Issuing MTNs, which allows Eureka to score a bit more liquidity relief, is a strategy that will be employed by other Salomon/Citibank conduits, and perhaps trend out to other administrators, a source at Salomon speculated.

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