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 debt securities guaranteed by Citigroup Inc. These securities, linked to the performance of the Nasdaq-100 Index and the Russell 2000 Index, are designed to offer potential for periodic contingent coupon payments that could yield higher returns than conventional debt securities of the same maturity. However, they carry risks including the possibility of receiving no contingent coupon payments, receiving less than the principal amount at maturity, or automatic redemption prior to maturity. The securities are not bank deposits, are not FDIC insured, and involve investment risks including Citigroup's credit risk. The offering is detailed in a preliminary...Show More
