Bond CitiCorp 2.3% ( US17298CHJ09 ) in USD
Issuer | CitiCorp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 2.3% per year ( payment 2 times a year) |
Maturity | 08/11/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 50 000 000 USD |
Cusip | 17298CHJ0 |
Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) |
Moody's rating | A3 ( Upper medium grade - Investment-grade ) |
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 recently matured bond issued by Citigroup, identified by ISIN US17298CHJ09 and CUSIP 17298CHJ0, successfully reached its maturity on November 8, 2024, and has been fully redeemed. This US dollar-denominated debt instrument carried an annual interest rate of 2.3% and was part of a total issuance valued at $50,000,000, with a minimum purchase amount set at $1,000; interest payments were made semi-annually. Citigroup, a prominent global diversified financial services holding company headquartered in the United States, offering an extensive range of financial products and services including consumer banking, corporate and investment banking, and wealth management to a vast client base worldwide, issued this bond to finance its operations. The bond was rated BBB+ by Standard & Poor's and A3 by Moody's, reflecting the issuer's creditworthiness and the bond's investment-grade status, and at its maturity, it was trading at 100% of its par value before its orderly redemption, completing its lifecycle as expected. |