Bond Wells Fargo & Company 3% ( US95001D6Y11 ) in USD

Issuer	Wells Fargo & Company
Market price	95.05 % ▼
Country	United States
ISIN code	US95001D6Y11 ( in USD )
Interest rate	3% per year ( payment 2 times a year)
Maturity	30/04/2030
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Minimal amount	1 000 USD
Total amount	10 000 000 USD
Cusip	95001D6Y1
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Next Coupon	30/04/2026 ( In 25 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 article provides an in-depth overview of a notable fixed-income security: a bond issued by Wells Fargo, identified by ISIN US95001D6Y11 and CUSIP 95001D6Y1. The issuer, Wells Fargo & Company, is a prominent American multinational financial services company with its corporate headquarters in San Francisco, California, and operational centers across the United States and internationally. Renowned as one of the largest banks in the United States by assets, Wells Fargo offers a comprehensive array of financial services, including retail banking, mortgages, investment products, credit cards, and both consumer and commercial finance solutions, serving a vast client base globally. This particular obligation, originating from the United States, is currently trading on the market at 91.444% of its par value and is denominated in U.S. Dollars (USD). It carries an annual interest rate of 3%, with interest payments disbursed semi-annually, reflecting its frequency of payment of two times per year. The total size of this bond issue is $10,000,000, and it is available for purchase in minimum increments of $1,000. The maturity date for this obligation is April 30, 2030. Reflecting its credit quality, the bond has received a BBB+ rating from Standard & Poor's (S&P) and an A1 rating from Moody's, both indicative of a strong investment-grade profile.