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, which are unsecured senior debt securities that do not pay interest in the conventional manner. Instead, these securities offer the potential for automatic early redemption at a premium if the Nasdaq Generations 5™ Index exceeds the initial index level on any valuation date prior to the final valuation date. The securities, linked to the Nasdaq Generations 5™ Index, are designed for investors willing to forgo interest for the possibility of an early redemption premium or a positive return at maturity based on the Index's performance. The securities are subject to credit risk and are not bank deposits or FDIC insured...Show More