Bond Citi Global Markets 0% ( US17328WDK18 ) in USD
Issuer | Citi Global Markets |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 10/02/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 575 000 USD |
Cusip | 17328WDK1 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | N/A |
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 investment-grade bond, identified by ISIN US17328WDK18 and CUSIP 17328WDK1, recently reached its maturity, having been issued by Citigroup Global Markets Holdings, a prominent subsidiary of the globally recognized financial services conglomerate Citigroup Inc. As a critical component of Citigroup's institutional client business, Citigroup Global Markets Holdings is primarily engaged in a wide array of capital markets activities, including the origination, underwriting, and distribution of debt and equity securities, derivatives, and structured products across global markets, serving institutional clients, corporations, and governments worldwide, thus playing a pivotal role in facilitating financial transactions and providing market access. This particular bond, originating from the United States and denominated in US Dollars (USD), represented a total issuance size of $575,000, with a minimum investment threshold set at $1,000; notably, it carried a 0% interest rate, indicating it was structured either as a zero-coupon bond or a principal-protected note, designed for repayment at par upon its expiration. The bond reached its predetermined maturity date on February 10, 2023, having been serviced with a specified payment frequency of two (which typically denotes semi-annual, although in this zero-coupon context, it likely pertained to its final principal repayment), and has since been fully repaid to investors at 100% of its nominal value, concluding its financial lifecycle as per its original terms. |