Bond Citi Global Markets Finance 0% ( XS2112783589 ) in USD

Issuer Citi Global Markets Finance
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2112783589 ( in USD )
Interest rate 0%
Maturity 13/02/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 200 000 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.

Citigroup Global Markets Funding, a key entity within Citigroup Inc. ? a globally recognized diversified financial services holding company ? issued a bond (ISIN: XS2112783589) that has successfully reached its maturity and undergone full redemption. This USD-denominated obligation, issued from Luxembourg, matured on February 13, 2023. Noteworthy for its 0% coupon rate, indicating that returns for investors were not derived from periodic interest payments but likely through principal appreciation at maturity, the bond had an original total issue size of 200,000 units, with a minimum purchase size set at 1,000 units. While a payment frequency of 2 (typically signifying semi-annual payments) was specified, this would not apply to coupon distributions given the zero-interest nature of the instrument. Upon its scheduled maturity, the bond was redeemed at 100% of its par value, completing its financial lifecycle and ensuring the return of capital to its bondholders.