Bond Citi Global Markets Finance 0% ( XS2566032095 ) in EUR

Issuer Citi Global Markets Finance
Market price refresh price now   100 %  ▲ 
Country  Luxembourg
ISIN code  XS2566032095 ( in EUR )
Interest rate 0%
Maturity 15/03/2028



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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.

An analysis of the fixed income market highlights a specific debt instrument, identified by its ISIN code XS2566032095. This bond is issued by Citigroup Global Markets Funding, a dedicated financing vehicle operating within the extensive global financial services network of Citigroup Inc., a prominent diversified financial services holding company that offers a comprehensive array of financial products and services to consumers, corporations, governments, and institutions worldwide. The bond, categorized simply as an 'Obligation,' is denominated in Euros (EUR) and is characterized by a 0% interest rate, designating it as a zero-coupon bond. Investors in this instrument will not receive periodic coupon payments; instead, the return is primarily derived from the difference between the purchase price and the face value received upon its maturity, set for March 15, 2028. Currently, the bond is trading at 100% of its par value on the market. Its issuance originates from Luxembourg, and consistent with its zero-coupon structure, the principal repayment to bondholders will occur as a single payment upon its maturity.