Bond Wells Fargo & Company 6% ( US92976GAH48 ) in USD

Issuer Wells Fargo & Company
Market price 100 %  ⇌ 
Country  United States
ISIN code  US92976GAH48 ( in USD )
Interest rate 6% per year ( payment 2 times a year)
Maturity 15/11/2017 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 000 000 000 USD
Cusip 92976GAH4
Detailed description Wells Fargo is a major American multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services, with a significant retail banking presence.

An examination of a specific fixed-income instrument reveals details pertaining to a bond issued by Wells Fargo Bank, a prominent diversified financial services company headquartered in the United States, recognized for its comprehensive range of banking, investment, and mortgage offerings. This particular bond, bearing the ISIN code US92976GAH48 and CUSIP code 92976GAH4, was denominated in United States Dollars (USD) and originated from the United States. It was characterized by a fixed annual interest rate of 6%, with interest payments distributed bi-annually. The total volume of this issuance amounted to $1,000,000,000, structured to allow for a minimum purchase size of $1,000 per allocation. This bond reached its maturity on November 15, 2017. Upon its maturity, the instrument, which was then valued at 100% of its par value on the market, was fully redeemed, ensuring that all principal was reimbursed to its bondholders as per the terms of the agreement.