Bond Wells Fargo & Company 2.393% ( US95000U2S19 ) in USD

Issuer	Wells Fargo & Company
Market price	97.943 % ▲
Country	United States
ISIN code	US95000U2S19 ( in USD )
Interest rate	2.393% per year ( payment 2 times a year)
Maturity	02/06/2028
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	3 250 000 000 USD
Cusip	95000U2S1
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	02/06/2026 ( In 58 days )
Detailed description	Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. A prominent fixed-income instrument currently in focus is the bond issued by Wells Fargo, identified by ISIN US95000U2S19 and CUSIP 95000U2S1. Wells Fargo, a diversified financial services company headquartered in the United States, stands as one of the nation's largest banking institutions, providing a comprehensive array of banking, investment, and mortgage products and services across a broad customer base, thereby establishing a significant presence in global financial markets. This particular debt security, denominated in USD and originating from the United States, carries a fixed interest rate of 2.393% and is priced at 96.185% of its par value on the current market. With a substantial total issuance size of $3,250,000,000, the bond allows for a minimum purchase of $1,000, features semi-annual interest payments, and is set to mature on June 2, 2028. Its credit quality is affirmed by a BBB+ rating from Standard & Poor's and an A1 rating from Moody's, both indicative of investment-grade status.