Bond Citi Global Markets 0% ( US17326X3632 ) in USD

Issuer Citi Global Markets
Market price 9.16 %  ▼ 
Country  United States
ISIN code  US17326X3632 ( in USD )
Interest rate 0%
Maturity 22/08/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 3 886 000 USD
Cusip 17326X363
Detailed description Citigroup Global Markets Holdings Inc. is a subsidiary of Citigroup Inc. providing a wide range of financial services, including securities brokerage, investment banking, and trading across various asset classes globally.

This financial article provides details on a specific fixed-income instrument, identified by its ISIN US17326X3632 and CUSIP 17326X363. The bond was issued by Citigroup Global Markets Holdings, a prominent subsidiary of Citigroup Inc., a globally recognized diversified financial services holding company. Citigroup Global Markets Holdings plays a critical role within the broader Citigroup structure, primarily engaging in capital markets activities, including the underwriting, trading, and distribution of a wide array of securities, thereby facilitating global financial transactions and investment opportunities. This particular debt security, denominated in USD and originating from the United States, was part of a total issue size of 3,886,000 units, with a minimum purchase threshold set at 1,000 units. Notably, the bond featured a zero interest rate (0%), classifying it as a zero-coupon bond, where investor returns are typically realized through the difference between a discounted purchase price and its full face value at maturity. Although an observed market price of 9.16% was reported, this figure, for a zero-coupon instrument, generally reflects either its deep discount at issuance or a historical secondary market valuation indicating a substantial yield expectation prior to its redemption. The instrument reached its scheduled maturity on August 22, 2022, and has since been fully reimbursed to its holders, signifying a successful repayment upon its expiration.