Bond Citi Global Markets Finance 0% ( XS1902436481 ) in USD
| Issuer | Citi Global Markets Finance |
| Market price | 100 % ⇌ |
| Country | Luxembourg
|
| ISIN code |
XS1902436481 ( in USD )
|
| Interest rate | 0% |
| Maturity | 18/10/2021 - 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 | 300 000 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. A bond identified by ISIN XS1902436481, issued by Citigroup Global Markets Funding, reached its maturity on October 18, 2021, and has since been fully redeemed. Citigroup Global Markets Funding acts as a critical financing vehicle within the broader Citigroup Inc. structure, a globally diversified financial services holding company providing a wide range of financial products and services to consumers, corporations, governments, and institutions. This particular debt instrument, denominated in US Dollars and issued from Luxembourg, was characterized as a zero-coupon bond, meaning it carried no stated interest rate and therefore did not feature periodic interest payments. The total nominal issuance size for this bond was USD 300,000,000, with a minimum purchase denomination set at USD 1,000. At the time of its maturity, the bond was valued at 100% of its nominal value on the market, facilitating its redemption at par. The successful repayment marks the conclusion of this specific financial obligation. |
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