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ItalianoBond Wells Fargo 0% ( US94986RF711 ) in USD
| Issuer | Wells Fargo | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  United States
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| ISIN code |
 US94986RF711 ( in USD )
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| Interest rate | 0% | ||||||
| Maturity | 01/03/2023 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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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. |
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