March 5th, 2014


Citigroup Global Markets Limited & Российский Пенсионный Фонд

Сегодня послалa в Ситигрупповский public affairs е-мейл.
Dear Citigroup,

On 27.11.2012 IFC notes were sold by Citigroup to Russian Government Pension Fund.
ISIN RU000A0JSLP2 - 5 billion
ISIN RU000A0JSLQ0 - 5 billion
ISIN RU000A0JSLR8 - 3 billion

These notes sold by Citigroup promise a return linked to the Russian inflation rate. Their recent (November 2013) return implies an inflation rate of zero during 27.11.2012 - 27.11.2013 time period.
In fact, the inflation rate in Russia was 6.5% according to report from Federal State Statistics Service.
Also at
How do you explain the discrepancy?

Thank you