Bond Citi Global Markets Finance 0% ( XS2037355703 ) in USD

Issuer Citi Global Markets Finance
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2037355703 ( in USD )
Interest rate 0%
Maturity 15/07/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 289 000 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 the bond identified by ISIN XS2037355703, issued by Citigroup Global Markets Funding, confirms the successful completion of its lifecycle as it has matured and been fully repaid. Citigroup Global Markets Funding is a specialized funding vehicle within Citigroup Inc., a globally recognized diversified financial services holding company. This entity plays a vital role in Citigroup's broader capital markets operations, frequently issuing debt instruments to support the group's diverse financial activities, including structured finance solutions and general corporate funding needs. The bond in question was issued from Luxembourg, a prominent European financial hub renowned for its sophisticated capital markets infrastructure and stable regulatory environment. Denominated in United States Dollars (USD), the total issuance size for this security was 1,289,000 USD, with a minimum purchase amount set at 1,000 USD, making it accessible to a relatively broad spectrum of investors. A key characteristic of this bond was its 0% interest rate, indicating that it did not accrue periodic coupon payments, suggesting it was either a zero-coupon bond, where returns are realized through a discount at issuance and repayment at par, or simply a non-interest-bearing instrument redeemed at its face value. Although a payment frequency of two (semi-annual) was stated in its terms, this would not have applied to coupon distributions given the zero interest rate. The bond reached its scheduled maturity date on July 15, 2022, at which point its market price, reflecting its principal redemption value, stood at 100% of its nominal value. The complete and timely repayment of this obligation signifies the issuer's adherence to its financial commitments, marking the conclusion of this specific security's presence in the market.