Bond CitiCorp 2.6% ( US17298CHH43 ) in USD

Issuer	CitiCorp
Market price	100 % ▲
Country	United States
ISIN code	US17298CHH43 ( in USD )
Interest rate	2.6% per year ( payment 2 times a year)
Maturity	27/11/2026
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Minimal amount	1 000 USD
Total amount	4 021 000 USD
Cusip	17298CHH4
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	A3 ( Upper medium grade - Investment-grade )
Next Coupon	27/11/2025 ( In 32 days )
Detailed description	Citigroup is a multinational investment bank and financial services corporation providing a wide range of financial products and services, including consumer banking, corporate and investment banking, securities brokerage, and asset management, across numerous global markets. A bond issued by Citigroup, identified by the ISIN US17298CHH43 and CUSIP 17298CHH4, represents a significant fixed-income instrument originating from the United States. This obligation, denominated in USD, is currently trading at its par value of 100% and offers an annual interest rate of 2.6%, with interest payments disbursed semi-annually. The bond is set to mature on November 27, 2026, providing investors with a defined time horizon for their principal return. The total size of this particular issuance stands at 4,021,000 units, with a minimum acquisition size set at 1,000 units, catering to both institutional and individual investors. From a credit quality perspective, the bond has received ratings of BBB+ from Standard & Poor's and A3 from Moody's, both indicative of investment-grade status and reflecting the issuer's robust financial standing and capacity to meet its debt obligations. Citigroup, the issuer of this bond, is a major global diversified financial services holding company based in the United States, operating as one of the world's largest and most established universal banks. Its extensive operations encompass a broad spectrum of financial services including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management, serving a vast client base that spans consumers, corporations, governments, and institutions across numerous countries and jurisdictions. This bond therefore offers investors a direct exposure to the debt of a globally recognized and systemically important financial institution.