Bond CitiCorp 0% ( XS1240297751 ) in USD

Issuer	CitiCorp
Market price	100 % ⇌
Country	United States
ISIN code	XS1240297751 ( in USD )
Interest rate	0%
Maturity	12/06/2045
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Minimal amount	1 000 000 USD
Total amount	360 000 000 USD
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. This financial overview highlights a specific bond, identified by ISIN XS1240297751, issued by Citigroup, a prominent global financial services corporation based in the United States, which is currently quoted at 100% of its par value in USD and uniquely features a 0% interest rate, indicating its structure as a zero-coupon bond despite an indicated semi-annual payment frequency, part of a total issuance amounting to $360,000,000, with a minimum investment requirement of $1,000,000, and a maturity date set for June 12, 2045.