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Citibank plans market-linked CDs due 2021 on Dynamic Asset Selector
By Sarah Lizee
Olympia, Wash., Nov. 20 – Citibank, NA plans to price 0% market-linked certificates of deposit due June 2, 2021 linked to the Citi Dynamic Asset Selector 5 Excess Return index, according to a term sheet.
The payout at maturity will be par plus the index return, subject to a minimum payout of par.
Citigroup Global Markets Inc. is the agent. Incapital LLC is distributor.
The CDs will price Nov. 27.
The Cusip number is 17294XJQ0.
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