Bond Citi Global Markets Finance 0% ( XS1837234647 ) in USD

Issuer	Citi Global Markets Finance
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS1837234647 ( in USD )
Interest rate	0%
Maturity	05/07/2021 - 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	2 305 000 USD
Detailed description	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. An analysis of a specific debt instrument, identified by ISIN XS1837234647, reveals it to be a bond issued by Citigroup Global Markets Funding, a key financing entity within the broader Citigroup Inc. financial conglomerate, which is a global leader in banking and financial services. This bond, denominated in USD and issued from Luxembourg, represented a total offering size of 2,305,000 units, with a minimum purchase increment set at 1,000 units. Noteworthy for its structure, the instrument featured a 0% interest rate, categorizing it as a zero-coupon bond, meaning no periodic interest payments were disbursed, with the full principal amount intended for redemption at maturity. With a defined maturity date of July 5, 2021, and a singular payment frequency signifying a principal repayment upon maturity, this obligation has successfully reached its term and was redeemed at 100% of its face value, confirming its full repayment to investors.