Download Citibank Makes Bonds Available to Retail Investors

Press Release
Citigroup Inc. (NYSE symbol: C)
August 25, 2005
Citibank Makes Bonds Available to Retail Investors
Citibank a.s. is to offer individuals a new investment opportunity via purchase of selected bonds
denominated in EUR or USD. Due to the large minimum investment required upon primary
subscriptions or purchases on the market, bonds are primarily available to institutional investors
only.
“Until now, our retail clients could only participate in developments in the bond market through
investment funds that specialised in debt security instruments. Citibank’s leadership in the bond
market means we can now offer them the option to purchase investment grade paper, which we
will manage for them and pay the yield on the bond, as well arrange for the possible repurchase
of the bond,“ said Lukaš Juříček, Investment Products Manager for Citibank in the Czech
Republic.
The sale of bonds directly to retail investors in the Czech Republic, marks and important
opportunity for investors, and one which Citibank is making available to clients in many markets
around the world. Being able to invest in bonds will allow the retail investor a greater ability to
diversify their investment portfolios.
The minimum investment amount required is EUR50,000 (Kc1.5 million or USD 61.500). The
offering will include approximately 60 different bonds with maturities from between one year and
ten years. The bonds on offer will be sovereigns (government issued paper), and issued by
companies. “Our criteria for the selection of suitable debt paper is their respective credit rating
which is at the level of “A“ at the minimum,“ said Juříček.
Ask for more details about the bonds on offer at Citibank branches. Please note: investment in
debt securities should only be made on advice from an investment advisor, and should be in line
with an investor’s risk appetite.
For more information please contact:
Markéta Dvořáčková
Public Affairs Officer
Tel: 233 061 041
Mobil: +724356358
e-mail: [email protected]
Andrea Machálková
Communications Executive
Citibank a.s.
Tel.: 233 062 781,
e-mail: [email protected]
Poznámka pro editory
Citibank a.s. has been present in the Czech republic since 1991. The Bank has rapidly gained its position of the market leader in
corporate banking and, Citibank’s offering of products and services has been gradually enhanced to include also small and mediumsized companies. Citibank a.s. entered the retail banking business in January of 2001 and, a number of products and services are
offered to Citibank clients ever since, such as personal accounts, credit cards, personal loans, investing into mutual funds as well as
CitiGold, the private banking services. For additional information about Citibank a.s. please refer to the following web site:
www.citibank.cz.
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Citigroup (NYSE: C), the preeminent global financial services company has some 200 million customer accounts and does business
in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products
and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset
management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney
and Banamex. Additional information may be found at www.citigroup.com.
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