Summary by Futu AI
Citigroup Global Markets Holdings Inc., a subsidiary of Citigroup Inc., has issued a new financial product called Barrier Digital Plus Notes, linked to the EURO STOXX 50 Index, with a maturity date of June 29, 2026. These unsecured senior debt securities do not pay interest and offer a variable payment at maturity based on the performance of the EURO STOXX 50 Index. The securities provide modified exposure to the index, with potential for a fixed return if the index's final level is at or above its initial level, and contingent repayment of the principal if the index's final level is above a specified barrier level. However, if the index depreciates by more than 10% from the initial level, investors will lose a corresponding...Show More