Bond Wells Fargo & Company 4.478% ( US95000U2L65 ) in USD

Issuer	Wells Fargo & Company
Market price	99.4 % ▼
Country	United States
ISIN code	US95000U2L65 ( in USD )
Interest rate	4.478% per year ( payment 2 times a year)
Maturity	04/04/2031
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Minimal amount	1 000 USD
Total amount	2 500 000 000 USD
Cusip	95000U2L6
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	04/10/2026 ( In 182 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 financial analysis details a specific debt instrument issued by Wells Fargo, a prominent American multinational financial services company and one of the largest banks globally, headquartered in the United States, providing a comprehensive suite of banking, mortgage, investment, and consumer and commercial finance products. This bond, identified by ISIN US95000U2L65 and CUSIP 95000U2L6, represents a direct obligation issued from the United States, carrying a fixed coupon interest rate of 4.478% with payments distributed semi-annually, reflecting its '2' payment frequency. The instrument has a maturity date of April 4, 2031, and was issued as part of a significant offering totaling $2,500,000,000 USD, with a minimum investment denomination set at $1,000. Currently, the bond is trading on the market at 99.509% of its par value, denominated in USD. Its credit quality is independently assessed by leading rating agencies, holding a BBB+ rating from Standard & Poor's and an A1 rating from Moody's, underscoring the issuer's robust financial standing and creditworthiness within the global financial landscape.