Bond Citi Global Markets 13.2% ( US17328VE228 ) in USD

Issuer	Citi Global Markets
Market price	100 % ⇌
Country	United States
ISIN code	US17328VE228 ( in USD )
Interest rate	13.2% per year ( payment 2 times a year)
Maturity	14/03/2030
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Minimal amount	1 000 USD
Total amount	4 100 000 USD
Cusip	17328VE22
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	N/A
Next Coupon	14/03/2026 ( In 179 days )
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 insightful analysis into a debt instrument reveals a bond issued by Citigroup Global Markets Holdings, identified by ISIN US17328VE228 and CUSIP 17328VE22. This bond, denominated in United States Dollars (USD), originates from the United States and is currently trading at its par value of 100% in the market. A notable characteristic of this security is its substantial annual interest rate, or coupon, set at 13.2%. The total principal amount of this specific issuance stands at 4,100,000 USD, with a minimum purchase increment of 1,000 USD, making it accessible to a range of investors. The maturity date for this bond is set for March 14, 2030, and interest payments are scheduled with a frequency of two times per year, implying semi-annual disbursements to bondholders. Citigroup Global Markets Holdings, the issuer, is a significant subsidiary of Citigroup Inc., one of the world's largest and most prominent financial services institutions. As a holding company within the Citigroup ecosystem, Citigroup Global Markets Holdings plays a critical role in facilitating the group's capital markets activities, including the origination and distribution of various financial products, complex structured notes, and derivatives. Its debt issuances are typically designed to fund specific operations or structured transactions, often backed by the broader financial strength and reputation of its parent, Citigroup, though investors should always assess the specific credit risk profile of the issuing entity. The high coupon rate of 13.2% on this particular bond warrants attention, potentially indicating a specific risk-reward profile, a structured nature of the product, or market conditions prevalent at the time of its issuance that demanded a higher yield to attract investors. Its current trading at par suggests that the market presently views its coupon and maturity profile as appropriately valued given prevailing interest rates and the issuer's credit standing.