Summary by Moomoo AI
Citigroup Global Markets Holdings Inc. is issuing $290,000 of Market-Linked Securities due December 23, 2027, linked to the Citi Dynamic Asset Selector 5 Excess Return Index. The securities offer potential positive returns based on index appreciation, with a 290% upside participation rate. No interest will be paid.The securities are subject to the credit risk of Citigroup. At maturity, investors will receive the $1,000 principal amount plus any positive return. If the index depreciates, only the principal is repaid. The estimated value of $921.50 per security is less than the $1,000 issue price.The index dynamically allocates between U.S. equity and Treasury futures based on market signals, targeting 5% volatility. Key risks include potential underperformance in rising markets due to limited equity exposure and volatility targeting. The 0.85% annual index fee will also reduce returns.
