Bond Wells Fargo & Company 0% ( US94986RF711 ) in USD

Issuer	Wells Fargo & Company
Market price	100 % ⇌
Country	United States
ISIN code	US94986RF711 ( in USD )
Interest rate	0%
Maturity	01/03/2023 - Bond has expired
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Minimal amount	1 000 USD
Total amount	8 750 000 USD
Cusip	94986RF71
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	N/A
Detailed description	Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. The financial instrument identified as ISIN US94986RF711 (CUSIP: 94986RF71), a bond issued by Wells Fargo, has successfully reached its maturity on March 1, 2023, and has been fully redeemed. Wells Fargo & Company, a major American multinational financial services company with its headquarters in San Francisco, California, operates as one of the largest banks globally, offering a comprehensive suite of banking, mortgage, investment, wealth management, and consumer and commercial financial products and services across the United States and internationally. This specific USD-denominated bond, originating from the United States, constituted a total issuance size of $8,750,000, with a minimum investment threshold of $1,000. Notably, the bond featured a 0% interest rate, classifying it as a zero-coupon instrument, meaning investors did not receive periodic interest payments but typically acquired the bond at a discount, receiving the full face value at maturity. At its maturity date, the bond was repaid to investors at 100% of its par value, marking the complete fulfillment of the issuer's obligation.