Bond Citi Global Markets Finance 0% ( XS2060714511 ) in RUB

Issuer Citi Global Markets Finance
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2060714511 ( in RUB )
Interest rate 0%
Maturity 03/09/2024 - Bond has expired



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Minimal amount 1 000 RUB
Total amount 6 500 000 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.

A recently matured debt instrument, identified by ISIN XS2060714511, initially issued by Citigroup Global Markets Funding, an integral part of Citigroup Inc., one of the world's preeminent financial services holding companies, has successfully concluded its lifecycle, having been fully redeemed on its maturity date of September 3, 2024. This particular bond, denominated in Russian Rubles (RUB) and carrying a 0% interest rate with a payment frequency of 1, implying its principal repayment at maturity, had an original total issuance size of 6,500,000 RUB, with a minimum purchase size of 1,000 RUB, and was issued from Luxembourg, a key jurisdiction in the global financial landscape. Citigroup Global Markets Funding serves as a dedicated vehicle facilitating the broader Citigroup's capital market activities, including the issuance of various debt instruments to finance its global operations and strategic initiatives, thereby playing a crucial role in maintaining the liquidity and funding structure of one of the world's largest financial institutions, and this specific bond's redemption at 100% of its face value confirms the fulfillment of all its outstanding obligations.