C: Citigroup 5-year buffered autocallable note tied to SPXI4EV6
Citigroup Global Markets 5-year buffered autocallable note on SPXI4EV6; 16% p.a. premium, 15% buffer, 90% autocall barrier, priced Nov 24…
What this filing says
Citigroup Global Markets Holdings is offering a five-year note guaranteed by Citigroup Inc. that pays a 16.00% per annum premium if it is automatically called on a monthly valuation date when the underlying index is at or above 90% of its starting level. If it is not called, the note returns principal as long as the index does not fall more than 15% from its starting level, but losses apply beyond that buffer. This is a preliminary offering, so terms may change, and holders bear Citigroup's credit risk.
Key figures
- Stated principal amount
- $1,000 per security
- Premium
- 16.00% per annum
- Buffer percentage
- 15.00%
- Autocall barrier value
- 90.00% of the initial underlying value
- Final valuation date
- November 24, 2031
- Maturity date
- November 28, 2031
Positive for shareholders
- If called early, the note pays principal plus the applicable premium, with a hypothetical $1,160.00 redemption shown for November 26, 2027.
- A 15% buffer means modest declines in the underlying do not reduce the payment at maturity.
Negative for shareholders
- Investors may lose a significant portion of their investment if the underlying falls more than 15% from its starting value.
- The index is reduced by notional costs and a 6% per annum decrement, which can cut its return by more than 6% a year.
- All payments depend on the credit of Citigroup Global Markets Holdings and Citigroup Inc.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Autocallable:
- A note that can be redeemed early by the issuer automatically if the underlying reaches a set level on a scheduled date.
- Buffer:
- A percentage decline in the underlying that the investor absorbs before any principal loss begins.
- Decrement:
- An annual deduction applied to the index level that lowers its performance over time.
- Underlying:
- The index or asset whose performance determines the note's payments.
FAQ
When could Citigroup's note be called early?
It is automatically redeemed on any monthly valuation date before the final valuation date when the index closes at or above 90% of its initial value. The redemption equals principal plus the premium then applicable.
How much could an investor lose at maturity?
If the note is not called and the final underlying value is below the 85% buffer level, the investor loses 1% of principal for each 1% that the decline exceeds 15%.
Historical context for C
Across the 25 sessions after earlier C headlines, the stock closed higher 10 times and lower 15 times, with a median move of 0.8% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | C | SPY |
|---|---|---|---|
| Nov 2, 2026 | Citibank Announces $2 Billion Redemption of 5.488% Notes Due 2026 and $500 Million Redemption of Floating Rate Notes Due 2026 | +0.4% | -0.5% |
| Oct 20, 2026 | Citigroup Declares Common Stock Dividend | +0.7% | +0.3% |
| Oct 13, 2026 | Citigroup Reports Third Quarter 2026 Results | -5.6% | -0.0% |
| Oct 8, 2026 | TD Cowen resumed coverage on Citigroup with a new price target | +0.6% | -0.4% |
| Sep 29, 2026 | Citi Becomes First Bank to Launch Multi-Market Instant Payments on the Swift Payments Schemeand 2 other headlines that session | -0.4% | -0.2% |
| Sep 28, 2026 | HSBC Securities resumed coverage on Citigroup with a new price target | -2.2% | -0.7% |
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Major Banks
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