Citigroup plans 0% notes linked to gold

By Laura Lutz

Des Moines, Feb. 19 - Citigroup Funding Inc. plans to price 0% notes due February 2009 linked to the price of unallocated gold bullion, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be 95% of par plus any percentage increase in the price of gold, subject to a maximum payout that will be between 114% and 116% of par. The exact cap will be set at pricing.

Investors will receive at least 95% of par.

Citigroup Global Markets is the underwriter.

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