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 bond instrument, identified by ISIN XS1574960859, was issued by Citigroup Global Markets Funding, a dedicated funding vehicle and key subsidiary of the globally recognized financial services conglomerate, Citigroup. This USD-denominated obligation, originating from Luxembourg, had a total issuance size of $20,630,000, with a minimum acquisition size set at $1,000. Characterized by a 0% interest rate, indicating its structure as a zero-coupon bond, it did not provide periodic coupon payments. The bond reached its specified maturity date on May 11, 2022, and has since been fully redeemed at 100% of its par value on the market, concluding its lifecycle.
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