Summary by Moomoo AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, under the pricing supplement dated July 24, 2024. These unsecured debt securities, known as Autocallable Market-Linked Securities, are linked to the Citi Dynamic Asset Selector 5 Excess Return Index and are due on July 27, 2029. The securities do not pay interest but offer potential for automatic early redemption at a premium if the Index exceeds the initial level on any valuation date before the final valuation date. If not redeemed early, the securities may provide a positive return at maturity based on the Index's performance. The securities are designed for investors willing to forgo interest and accept the risk of no...Show More