Latest Accrual Notes or Index Bonds Offering

Now offering a Series of Range Accrual Notes by Citigroup Funding. This is a secondary Offering. Citigroup Funding Inc.- CFI, is a first-tier subsidiary of Citigroup, which issues commercial paper, medium-term notes and structured equity-linked and credit-linked notes, all of which are guaranteed by Citigroup.

Citigroup Funding, Inc., is a private company that was merged into Citigroup in December 12, 2012.  The notes coupon ranges from 6.00% to 9.00%  in 5, 10, 15 and 20 year maturities. This is a good offering for those seeking income or higher fixed income returns and willing to take a little more risk.

                                                  Citigroup Boosts Profits Video: 7/15/2013

 
Source: Money Beat, WSJ
Do you know what a Range Accrual Note or Fairway Bond is? Read our previous post for a description of Accrual or Fairway bonds.

If you are in a high tax bracket or you are thinking on purchasing bonds for the first time, then you may want to update yourself on basic taxation rules as a bond investor.

For access to daily bond offerings, stocks, exchange-traded funds, variable annuities
finance, investment and tax advice, check our financial blogs for daily updates or call us to speak with a consultant.

UCS Financial Services
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Notes that Pays More Interest!

Range Accrual Note or Index Range Notes?

Range Accrual Notes or Index Range Notes are types of bonds or notes that accrues interest if the embedded index or interest-rate option underlying the bond remains within a specified range. For example, the fairway in golf is like the index or interest rate range. The outlook is positive if the ball lands on the fairway; if a ball lands in the rough, the outlook is negative; also known as "corridor bond", "index range note", "range accrual note", or "index floater".  Source: Investopedia.

Many of the big banks now offer Indexed Cd's which are based on the same principle of index range notes. There is a good article on BankRate.com that gives a good description of Indexed Cd's.  If you regularly purchase Cd's but want more interest and you are willing to take a little more risk, an indexed CD or note maybe the way to go. UCS offers a range of Accrual Notes, Indexed Bonds and Cd's on a weekly basis. Check our financial blogs for daily offering updates or call us at 1-866-801-3359 to speak with a consultant.

Tip of the Day: Now is a great time to contribute to an IRA- Individual Retirement Account, and receive the benefits of  tax deductions, tax-free growth on earnings and, if you are eligible, non-refundable tax credits.

UCS Financial Services- "Helping you Keep More of What You Make!"