citi group 發行的20年債卷，利息是不超過10%，該不該買？

本地金融公司推薦給我這個產品。

前2年的利息是10%， 從第三年開始，利息按天算，如果1）S&P 500 index 大於 55% 1/17/2023 的index, 並且
 30年期的利率高於2年期的利率， 這天就有利息，否則就沒有利息。
 在這20年中，債卷可以在二級市場買賣。
 據說citigroup 可能3年後就把債卷贖回。
 要買的話，最少5萬。

從來沒買過，我怎麽覺得有點too good to be ture. 請網友們指點。

 

Last Order Date	(a) 1/13/2023 5PM
Issuer	Citigroup Global Markets Holdings Inc.
Period	20 Years Non-Callable for 1 Year
Interest Rate & Payment	Year 1-2: 10% (Fixed, no index condition)
	Year 3-20: 10%, Subject to (30 Year SOFR CMS - 2 Year SOFR CMS) ≥ 0%, AND
	S&P 500 Index (SPX) ≥
	55% of initial level on 1/17/2023 (Daily Accrual) (Quarterly Pay)
Callable Date	1/23/2024, and the issuer can call Quarterly thereafter
Payment at Maturity	On the Maturity Date, we will pay you the principal amount of your notes plus any accrued and unpaid interest, provided that your notes are outstanding and have not previously been called on any Redemption Date.
Risk Factor	SUBJECT TO THE ISSUER'S CREDIT RISK, CLICK BELOW TERM SHEET AND PROSPECTUS FOR FULL PRODUCT DISCLOSURES.
Term Sheet	17331CKC0
Prospectus	17331CKC0

Period

20 Years Non-Callable for 1 Year