Bond CityCorp Inc 0% ( XS1273447950 ) in USD
Issuer | CityCorp Inc | ||
Market price | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 30/03/2060 | ||
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Minimal amount | 1 000 000 USD | ||
Total amount | 80 000 000 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. Citigroup Inc., a prominent American multinational investment bank and financial services corporation headquartered in New York City and renowned for its extensive global offerings spanning consumer banking, corporate and investment banking, and wealth management, has issued a long-term zero-coupon bond, identified by ISIN XS1273447950, which is a United States-originated debt instrument denominated in USD, currently trading at 100% of its face value, with a total issue size of $80,000,000 and a minimum purchase threshold of $1,000,000, set to mature on March 30, 2060, and while its 0% interest rate precludes periodic coupon payments, a payment frequency of 2 is noted as a characteristic of the bond. |