Bond Citi Global Markets Finance 0% ( XS2372706221 ) in USD

Issuer Citi Global Markets Finance
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2372706221 ( in USD )
Interest rate 0%
Maturity 19/08/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 3 515 000 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 financial article details the recently concluded lifecycle of bond ISIN XS2372706221, issued by Citigroup Global Markets Funding, a dedicated entity within the global financial powerhouse Citigroup Inc. responsible for managing funding operations and capital market issuances. This particular security, denominated in USD, was issued from Luxembourg with a total offering size of 3,515,000, allowing for a minimum purchase quantity of 1,000. Noteworthy for its 0% interest rate, indicating its structure as a zero-coupon instrument or a security with no periodic interest payments, the bond successfully reached its scheduled maturity on August 19, 2024, at which point its market price was observed at 100%, confirming that the principal amount was fully repaid to its holders, thus concluding its tenure.