Bond Citi Global Markets Finance 0% ( FR00140071K1 ) in EUR

Issuer	Citi Global Markets Finance
Market price	100 % ▲
Country	Luxembourg
ISIN code	FR00140071K1 ( in EUR )
Interest rate	0%
Maturity	12/01/2032
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Minimal amount	/
Total amount	30 000 000 EUR
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. A significant fixed-income instrument, identified by ISIN FR00140071K1, is currently active in the market, issued by Citigroup Global Markets Funding. This entity serves as a dedicated funding vehicle within the extensive global financial services group, Citigroup Inc. (NYSE: C). Citigroup Inc. is a leading diversified financial services holding company, providing a comprehensive array of financial products and services to a broad spectrum of clients including consumers, corporations, governments, and institutions worldwide, encompassing consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citigroup Global Markets Funding leverages the robust global reach and credit strength of its parent company to facilitate capital raising for various group operations. This specific obligation was issued from Luxembourg, a jurisdiction widely recognized as a pivotal center for international financial activities and capital markets. The bond is denominated in Euros (EUR), with a total issuance size of EUR 30,000,000, representing a substantial capital deployment. Currently, the instrument is trading at 100% of its par value on the market, indicating a stable valuation relative to its issuance price or face value. A distinctive feature of this bond is its stated interest rate of 0%, signifying that it operates as a zero-coupon bond; investors do not receive periodic interest payments but typically acquire the bond at a discount to its face value, with the return generated from the difference between the purchase price and the full principal amount received at maturity. Consequently, the "frequency of payment" being "1" indicates a single principal repayment at the bond's maturity. The maturity date for this instrument is set for January 12, 2032, positioning it as a medium-to-long term investment in the debt capital markets.