Citigroup is a multinational investment bank and financial services corporation providing a wide range of financial products and services, including consumer banking, corporate and investment banking, securities brokerage, and asset management, across numerous global markets.
Citigroup, a globally diversified financial services holding company incorporated in the United States and a prominent issuer in the global capital markets, has an outstanding bond identified by ISIN XS2110106064, which is currently observed trading at 100% of its par value in USD. This long-dated obligation, maturing on February 15, 2062, is notable for its stated 0% interest rate, indicating it is a zero-coupon instrument, despite its current market price at par, and a reported semi-annual payment frequency. The total size of this particular bond issuance stands at $270,000,000, with a minimum purchase increment set at $1,000,000, underscoring its appeal to institutional investors.
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