Bond Citi Global Markets Finance 0% ( XS1991368793 ) in USD

Issuer	Citi Global Markets Finance
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS1991368793 ( in USD )
Interest rate	0%
Maturity	14/04/2022 - Bond has expired
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Minimal amount	1 000 USD
Total amount	470 000 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. This financial instrument, categorized as a bond and identified by ISIN XS1991368793, was issued by Citigroup Global Markets Funding, a specialized entity within the expansive Citigroup Inc. conglomerate which plays a crucial role in facilitating various capital market activities, including the issuance of debt instruments, leveraging Citigroup's robust global financial infrastructure and extensive reach to support its diverse operations and maintain liquidity. The bond was issued from Luxembourg, denominated in United States Dollars (USD), and represented a total issuance volume of USD 470,000, with a minimum investment tranche set at USD 1,000. Notably, this particular bond featured a 0% interest rate, distinguishing it as a potential zero-coupon instrument or a bond with no periodic interest payments, yet it was structured with a specified payment frequency of two times per year, likely pertaining to valuation or a standard template field given the zero coupon. Upon its maturity date of April 14, 2022, the bond was reported at a market price of 100% of its par value, having since successfully reached its full maturity and been redeemed, concluding its operational lifespan within the fixed income market.