Bond Citi Global Markets 0% ( US17327U4913 ) in USD
Issuer | Citi Global Markets |
Market price | 9.97 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 16/12/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 14 957 000 USD |
Cusip | 17327U491 |
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. An in-depth analysis reveals the concluded lifecycle of a specific bond instrument, identified by the ISIN US17327U4913 and CUSIP 17327U491, issued by Citigroup Global Markets Holdings. Citigroup Global Markets Holdings, a key operating subsidiary of Citigroup Inc., one of the world's leading global financial services companies, specializes in investment banking, sales and trading, and other capital markets activities, playing a central role in facilitating client access to global financial markets and providing sophisticated financial products. This particular bond, denominated in United States Dollars (USD) and originating from the United States, was structured as a zero-coupon instrument, evidenced by its 0% interest rate, which implies that it did not provide periodic interest payments to investors throughout its duration. While a payment frequency of two (twice annually) was noted, this metric typically applies to coupon payments, which are not conventionally associated with zero-coupon bonds. The total issuance size for this bond amounted to 14,957,000 units, with a minimum purchase threshold set at 1,000 units. A market observation indicated its price at 9.97% at a specific point during its tenure, reflecting its valuation dynamics within the market given its zero-coupon nature and impending maturity. The instrument reached its scheduled maturity date on December 16, 2022, and has subsequently been fully redeemed, confirming the complete repayment of principal to all bondholders and marking the successful conclusion of its term. |