Bond Citi Global Markets Finance 0% ( XS2006333004 ) in RUB
| Issuer | Citi Global Markets Finance |
| Market price | 100 % ⇌ |
| Country | Luxembourg
|
| ISIN code |
XS2006333004 ( in RUB )
|
| Interest rate | 0% |
| Maturity | 14/06/2022 - 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 RUB |
| Total amount | 30 000 000 RUB |
| 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 overview of a recently concluded debt instrument reveals key details concerning a bond identified by its ISIN code XS2006333004. This particular fixed-income security was issued by Citigroup Global Markets Funding, an entity incorporated in Luxembourg primarily engaged in facilitating funding and capital market activities for the broader Citigroup Inc. group. As a globally diversified financial services holding company, Citigroup operates one of the world's largest financial services networks, and its Global Markets Funding arm serves as a crucial conduit for issuing various financial instruments to support the group's operational funding requirements and strategic market initiatives. Denominated in Russian Rubles (RUB), this bond was characterized by a zero-coupon structure, carrying a 0% interest rate, which meant investors did not receive periodic interest payments throughout its term; instead, the investment was structured to provide a single return at maturity through the full principal repayment. The total issue size for this offering amounted to 30,000,000 RUB, with a minimum purchase size set at 1,000 RUB, making it accessible to a range of investors. Originally scheduled to mature on June 14, 2022, the bond has successfully reached its redemption date and was subsequently redeemed at 100% of its principal value, confirming that the obligation has been fully settled and repaid to investors. |
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