Bond Citi Global Markets Finance 0% ( FR0014004RE2 ) in EUR

Issuer Citi Global Markets Finance
Market price refresh price now   100 %  ⇌ 
Country  Luxembourg
ISIN code  FR0014004RE2 ( in EUR )
Interest rate 0%
Maturity 24/09/2031



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Detailed description Citigroup Global Markets Funding is a division of Citigroup that provides financing solutions to institutional clients, primarily in the areas of securities lending, repurchase agreements, and other short-term funding arrangements.

Analysis of recent market data highlights a zero-coupon bond, identified by ISIN FR0014004RE2, issued by Citigroup Global Markets Funding. This entity functions as a dedicated funding vehicle and a direct subsidiary of Citigroup Inc., one of the world's leading diversified financial services providers, leveraging its parent company's robust global presence and credit standing to raise capital. Denominated in EUR and issued from Luxembourg, a prominent international financial hub, the bond currently trades at 100% of its nominal value. Characterized by a 0% stated interest rate, this instrument is designed without periodic coupon payments; consequently, its structure implies that any investment return would typically arise from purchasing the bond at a discount to its face value, which is not the case if acquired at its current 100% market price. The bond is set to mature on September 24, 2031, with the 'payment frequency 1' indicating a single principal repayment occurring at this maturity date.