Bond Wells Fargo & Company 0.056% ( US949746NN70 ) in USD
| Issuer | Wells Fargo & Company | ||
| Market price | |||
| Country | United States
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| ISIN code |
US949746NN70 ( in USD )
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| Interest rate | 0.056% per year ( payment 2 times a year) | ||
| Maturity | 20/12/2046 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 55 372 000 USD | ||
| Cusip | 949746NN7 | ||
| Standard & Poor's ( S&P ) rating | N/A | ||
| Moody's rating | A1 ( Upper medium grade - Investment-grade ) | ||
| Next Coupon | 20/06/2026 ( In 76 days ) | ||
| Detailed description |
Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. This analysis focuses on a specific fixed-income instrument issued by Wells Fargo & Company, a leading diversified financial services company headquartered in the United States. Wells Fargo holds a prominent position within the global financial sector, offering comprehensive banking, investment, and mortgage products and services to a vast client base. Its substantial market capitalization and robust operational framework underpin the credit quality of its debt issuances, positioning them as significant considerations for institutional and individual investors alike. The bond in question, identified by its ISIN US949746NN70 and CUSIP 949746NN7, is an obligation issued from the United States. It is currently trading at par, reflecting a market price of 100% in United States Dollars (USD). This instrument features an interest rate of 0.056 and mandates semi-annual interest disbursements, indicated by a payment frequency of 2. With a distant maturity date of December 20, 2046, this bond offers a long-duration exposure to Wells Fargo's credit profile. The total size of this particular issuance is 55,372,000, with a minimum investment threshold set at 1,000. Furthermore, the bond carries an A1 rating from Moody's, affirming its classification within the investment-grade category and signaling a strong capacity for repayment with low credit risk. |
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