Bond Citi Global Markets 0% ( US17328WCA45 ) in USD
Issuer | Citi Global Markets |
Market price | 104.33 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 26/08/2025 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 872 000 USD |
Cusip | 17328WCA4 |
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. Citigroup Global Markets Holdings, a prominent subsidiary of Citigroup Inc. specializing in the issuance of various capital markets instruments including structured notes and derivatives, has a debt instrument with ISIN US17328WCA45 and CUSIP 17328WCA4 currently trading in the market. This bond, issued from the United States, is identified as a zero-coupon obligation, bearing a stated interest rate of 0%. Despite a listed payment frequency of 2, this typically refers to other terms or an administrative detail for a zero-coupon instrument, as no periodic interest payments are made. The current market price for this USD-denominated bond stands at 104.33% of its nominal value. The total issuance size comprises 872,000 units, representing an aggregate nominal value of $872,000,000, given a minimum purchase size of $1,000 per unit. Investors holding this instrument will see it mature on August 26, 2025. Given its zero-coupon nature and its current trading premium above par, this instrument's yield to maturity would be negative if held to maturity, a characteristic often associated with specific structured products or those with embedded features designed by global markets entities like Citigroup Global Markets Holdings. |