Citigroup Inc. versus HSBC Holdings PLC: A Bond Market Comparison

Our analysis May 4 reported on the bond market view of HSBC Holdings PLC (HSBC). Citigroup Inc. plays a similar role in the financial services business across the Atlantic.  From a bond market perspective, how does Citigroup Inc. compare to HSBC Holdings PLC? We answer that question in this note in light of our analysis of Citigroup Inc. on October 1, 2014. 

 The first thing to note is that Citigroup Inc., not surprisingly, is much more heavily traded in the U.S. fixed rate corporate bond market, as shown in the trading of fixed-rate senior non-call debt on May 4, 2015. 

Eleven bonds of HSBC Holdings PLC and 34 bonds of HSBC USA Inc. traded, and 56 bonds of Citigroup Inc. traded. The underlying principal amount traded on the Citigroup Inc. bonds was $157 million, compared to $107 million for six HSBC Holdings PLC-related issuers.
Click Here To Read More

 

Advertisements

About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s