Bond Citi Global Markets Finance 0% ( XS2024587268 ) in RUB

Issuer	Citi Global Markets Finance
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS2024587268 ( in RUB )
Interest rate	0%
Maturity	07/02/2023 - Bond has expired
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Minimal amount	1 000 RUB
Total amount	8 800 000 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 informative update regarding the zero-coupon bond (ISIN: XS2024587268) issued by Citigroup Global Markets Funding, a specialized entity within the globally renowned financial services firm Citigroup dedicated to managing capital markets activities and facilitating funding operations, confirms its successful maturity and redemption on February 7, 2023. This debt instrument, denominated in Russian Rubles (RUB) and originating from Luxembourg, was part of a total emission size of RUB 8,800,000 and offered with a minimum purchase threshold of RUB 1,000; despite its 0% stated interest rate, characteristic of a zero-coupon structure where the return is realized upon redemption, and its market price of 100% prior to maturity, its full repayment signifies the complete fulfillment of the issuer's financial obligations.