Citibank Europe plc,
(Czech Republic)
25 March 2011
Citibank’s clients can choose from the broadest range of structured notes
Prague – Citibank has begun offering a wide array of structured bonds, believed to be the broadest range of structured notes available in the Czech market. They enable even conservative investors to capitalise on the dynamic environment of today’s capital markets, and with protection of the funds invested.
Citibank’s clients can choose from seven different structured notes, four of which are placed by means of a public offer, two by non-public offer and one to the client’s individual preference. In addition, five of the notes are denominated in Czech crowns. Citibank’s existing product offer directly reflects the increased interest in this type of products among individual investors. With the principal protected, clients can participate in exceptionally attractive markets, while price drops are eliminated by the investment product’s design.
“The terms and conditions for our clients were fixed about a month ago when the selected markets were at their local peaks. As a result, our products can offer extremely attractive yield opportunities. Their attraction is further increased by the nervousness resulting from the Libyan pressure on crude oil and, in recent days, also the developments in Japan,” says Petr Řehák, Retail Bank Head, Citibank Europe plc (Czech Republic).
The topics of the currently publicly offered notes with protection of the funds invested when held until maturity include precious metals, crops, aggressive unit trusts focused on the emerging markets, and also the ‘best of’ strategy intended for the clients who benefit from the performance of the best equity, commodity, and currency rate portfolios at maturity.
“The result for Citibank’s clients is a high degree of participation in the performance of the assets or, as the case may be, coupon payments combined with the current prices of the underlying assets, which serve as a good basis for the valuation of the yield for the investors at maturity,” Petr Řehák adds.
-----
Citi
Citi, a leading global financial services firm, oversees approximately 200 million client accounts and does business in more than 140 countries around the world. Via its two operating units, Citicorp and Citi Holdings, Citi provides a broad range of financial products and services to individuals, companies, governments and institutions. Citi products and services include personal banking and loan products, corporate and investment banking, securities transactions and wealth management. For more information, please visit or
Media contact:Branislav Cehlarik
Branislav Cehlarik, Public Affairs Officer for Czech and Slovak Republics
Bucharova 2641/14, 158 02 Prague 5, Czech Republic
Mob.: + 420 775 864 444; + 421 905 894 845
Tel.: + 420 233 061 661; + 421 2 58230 472