Bond Wells Fargo & Company 3.35% ( US95000U2U64 ) in USD
| Issuer | Wells Fargo & Company |
| Market price | |
| Country | United States
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| ISIN code |
US95000U2U64 ( in USD )
|
| Interest rate | 3.35% per year ( payment 2 times a year) |
| Maturity | 02/03/2033 |
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| Minimal amount | / |
| Total amount | / |
| Cusip | 95000U2U6 |
| Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) |
| Moody's rating | A1 ( Upper medium grade - Investment-grade ) |
| Next Coupon | 02/09/2026 ( In 150 days ) |
| Detailed description |
Wells Fargo is a multinational financial services company offering banking, investments, mortgage, and consumer and commercial finance services across numerous countries. Wells Fargo, a major diversified financial services company headquartered in the United States, is the issuer of a noteworthy fixed-income instrument, identified by ISIN US95000U2U64 and CUSIP 95000U2U6. This U.S. dollar-denominated obligation carries a fixed annual interest rate of 3.35%, paid semi-annually, and is scheduled to mature on March 2, 2033. Currently trading on the market at 88.965% of its par value, this bond presents a discount from par, reflecting prevailing market conditions and yield dynamics. Its credit quality is affirmed by leading rating agencies: Standard & Poor's assigns a BBB+ rating, while Moody's provides an A1 rating, both indicating an investment-grade assessment, which is typical for a major issuer like Wells Fargo. |
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