Citi plans five-year market-linked CDs tied to Dynamic Asset Selector

By Susanna Moon

Chicago, May 10 – Citibank, NA plans to price market-linked certificates of deposit due May 31, 2022 linked to the Citi Dynamic Asset Selector 5 Excess Return index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 110% to 125% of any index gain.

If the index falls, the payout will be par.

Citigroup Global Markets is the agent.

The CDs will price on May 25 and settle on May 31.

The Cusip number is 17294XAX4.

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