Summary by Futu AI
Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc., has announced the issuance of Medium-Term Senior Notes, Series N, under the designation 2024-USNCH22487. These unsecured debt securities, due July 6, 2029, are linked to the performance of the Russell 2000 Index and the S&P 500 Dynamic Participation Index, offering potential for periodic contingent coupon payments. The notes, which are not bank deposits, carry risks including credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and are not insured by any governmental agency. The securities may yield higher returns than conventional debt securities of the same maturity but also pose risks such as potential automatic early redemption and the possibility of receiving significantly less than the principal amount at...Show More