Bond Wells Fargo & Company 3% ( US94986RB678 ) in USD

Issuer	Wells Fargo & Company
Market price	100 % ⇌
Country	United States
ISIN code	US94986RB678 ( in USD )
Interest rate	3% per year ( payment 2 times a year)
Maturity	23/12/2030
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Minimal amount	1 000 USD
Total amount	/
Cusip	94986RB67
Next Coupon	23/06/2026 ( In 79 days )
Detailed description	Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. Wells Fargo, a prominent diversified financial services company and one of the "Big Four" banks in the United States, has an outstanding bond issuance identified by ISIN US94986RB678 and CUSIP 94986RB67. Headquartered in San Francisco, California, Wells Fargo & Company traces its roots back to 1852 and holds a significant position in the global financial landscape, offering a broad spectrum of banking, investment, mortgage, and consumer and commercial finance products and services to millions of customers. The issuance of debt instruments like this obligation is a standard mechanism for the institution to secure funding for its diverse operational needs and capital management strategies. This particular fixed-income security is denominated in U.S. Dollars (USD) and carries an annual interest rate of 3%, with payments disbursed semi-annually, reflecting a frequency of two times per year. The bond is currently trading at 100% of its par value in the market, indicating it is priced at its face value. Investors interested in this offering should note the minimum purchase size, set at 1,000 units, which typically corresponds to 1,000 USD of principal. The bond's maturity date is scheduled for December 23, 2030, marking the date when the principal repayment is due. Issued from the United States, this obligation represents a direct debt instrument of Wells Fargo.