Summary by Futu 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.
This strategy is often seen in tariff policies and trade negotiations.
First, he scared everyone quite a bit, and then he gave a little reward.Imagine you are bargaining in a vegetable market, and Trump's approach is to first raise a loudspeaker and shout: "This pile of cabbage must be sold to me for 100 yuan today!" When the vendor is stunned, he suddenly rubs his hands and says: "But seeing that you are not having an easy time, let's settle for 80 yuan~"
Comment(0)
Reason For Report