Français
ItalianoBond Citigroup Global Markets Funding 0% ( XS2339323029 ) in USD
| Issuer | Citigroup Global Markets Funding | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Luxembourg
|
||||||||
| ISIN code |
 XS2339323029 ( in USD )
|
||||||||
| Interest rate | 0% | ||||||||
| Maturity | 27/05/2026 - Bond has expired | ||||||||
|
Prospectus brochure in PDF format |
|||||||||
| Minimal amount | 1 000 USD | ||||||||
| Total amount | 1 255 000 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. A new debt instrument, identified by ISIN XS2339323029, has been introduced to the market by Citigroup Global Markets Funding, an integral subsidiary of Citigroup Inc. specializing in a wide array of capital markets activities, including the structuring and issuance of financial products globally for the group and its clients. This bond, denominated in USD, carries a maturity date of May 27, 2026, and is characterized by a 0% interest rate, typically classifying it as a zero-coupon bond where investor returns are derived from the discount at which it is purchased relative to its par value at maturity; however, its current market price is reported at 100% of par, indicating a potentially unique structural feature. Issued from Luxembourg, the total offering size for this security is USD 1,255,000, with a minimum investment threshold set at USD 1,000, and a payment frequency indicated as two, which, in the context of a zero-coupon structure, usually pertains to principal redemption scheduling or other specific structural features rather than periodic interest disbursements. |
||||||||
| |||||||||