Bond Citi Global Markets 4% ( US17330PDR73 ) in USD
Issuer | Citi Global Markets |
Market price | 99.52 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4% per year ( payment 2 times a year) |
Maturity | 30/12/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Cusip | 17330PDR7 |
Detailed description |
Citigroup Global Markets Holdings Inc. is a subsidiary of Citigroup Inc. providing a wide range of financial services, including securities brokerage, investment banking, and trading across various asset classes globally. This financial update pertains to a specific bond instrument, ISIN US17330PDR73 (CUSIP: 17330PDR7), which has recently completed its lifecycle. The issuer of this obligation was Citigroup Global Markets Holdings, a critical component of Citigroup Inc.'s global financial operations. Citigroup Global Markets Holdings serves primarily as an issuance vehicle for a wide array of debt securities, benefiting from the strong credit profile and extensive global reach of its parent, Citigroup Inc., a multinational investment bank and financial services corporation headquartered in New York City. Citigroup Inc. is renowned as one of the "Big Four" banking institutions in the United States, engaging in diverse financial activities including consumer banking, corporate and investment banking, and wealth management, providing a broad range of financial products and services to consumers, corporations, governments, and institutions. The bond itself was denominated in United States Dollars (USD) and originated from the United States market. It was structured with an annual interest rate, or coupon, of 4%, with payments distributed semi-annually, typical for corporate debt. Its contractual maturity date was December 30, 2023. Although its market price had been observed at 99.52% of its par value prior to its expiration, it is confirmed that this particular bond has successfully reached its maturity and, as of its due date, all principal and accrued interest have been fully repaid to the bondholders. This finalizes its status as a fully redeemed and retired financial instrument within Citigroup Global Markets Holdings' debt obligations. |