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ItalianoBond CityCorp Inc 0% ( XS1273441599 ) in USD
| Issuer | CityCorp Inc | ||
| Market price |  100 % ⇌ |
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| Country |  United States
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| ISIN code |
 XS1273441599 ( in USD )
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| Interest rate | 0% | ||
| Maturity | 16/11/2060 | ||
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| Minimal amount | 1 000 000 USD | ||
| Total amount | 100 000 000 USD | ||
| Detailed description |
Citigroup Inc. is a multinational financial services corporation offering a wide range of banking, investment, and financial products and services to individual and institutional clients globally. This article provides an analytical overview of a specific debt instrument issued by Citigroup Inc., identified by the ISIN XS1273441599. Citigroup Inc., a leading global diversified financial services holding company based in the United States, engages in a wide array of banking, lending, and investment services across consumer, corporate, and institutional client segments worldwide, making it a pivotal entity in the global financial landscape. The bond in question is a long-dated zero-coupon security, denominated in US Dollars (USD), with a total issue size of USD 100,000,000. It features a maturity date extending to November 16, 2060, positioning it as a long-term investment asset. Currently, the bond is quoted on the market at 100% of its face value. While a payment frequency of 2 is noted, typically indicative of semi-annual terms, the specified interest rate of 0% confirms its nature as a zero-coupon bond, where investor returns are realized through the discount at which it is purchased relative to its par value at maturity. The minimum purchase size for this instrument is set at USD 1,000,000, primarily targeting institutional or high-net-worth investors. |
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