Bond Wells Fargo & Company 0% ( US94986RG396 ) in USD

Issuer	Wells Fargo & Company
Market price	100 % ⇌
Country	United States
ISIN code	US94986RG396 ( in USD )
Interest rate	0%
Maturity	24/03/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	2 349 000 USD
Cusip	94986RG39
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. This financial instrument, identified by ISIN US94986RG396 and CUSIP 94986RG39, was a bond issued by Wells Fargo, a prominent diversified financial services company headquartered in the United States. As one of the largest banks in the U.S., Wells Fargo provides extensive banking, investment, mortgage, and consumer and commercial finance services, making its debt instruments a significant component of the global fixed-income market. The bond, denominated in USD, had a total issuance size of $2,349,000, with a minimum purchase size set at $1,000. Notably, the instrument featured a 0% interest rate, characteristic of a zero-coupon bond where investor returns are typically realized from the discount at which the bond is purchased relative to its par value at maturity, rather than through periodic coupon payments. The bond reached its specified maturity date on March 24, 2022, and was subsequently redeemed at its par value of 100%, successfully concluding its lifecycle within the issuer's liability structure and investors' portfolios.