Citigroup Inc. (NYSE: C) prices callable zero‑coupon notes due 2056 at $164.53

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Citigroup Inc. (NYSE: C) has priced callable zero-coupon notes due March 17, 2056, at an issue price of $164.53 per $1,000 stated principal amount, yielding 6.20%. These notes do not pay periodic interest but accrete in value, with the issuer having the right to call them annually starting March 17, 2028, at specified accreted values. The offering comes with a neutral filing impact and sentiment, as per Rhea-AI’s summary, and outlines risks including credit risk and lack of a secondary market.

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