NEW ISSUE

 Wells Fargo Bank

15YNC – 5Y Step Up Certificate of Deposit

Issuer:                   Wells Fargo Bank, N. A.

Price to Public:           100.00

Strike Date:          April 16, 2013
Issue Date:           April 19, 2013
Maturity Date:        April 19, 2028  (approximately 15 years)
Call Provision:       April 19, 2018, quarterly thereafter
Deposit Amount:       $1,000 minimum with $1,000 increments thereafter

Coupon:     Y1-5     @  2.25%
Y6-9     @  2.75%
Y10-11   @  3.50%
Y11-13   @  4.25%
Y14-15   @  7.00%

Coupon Periods:  Paid quarterly, Act/365

YTM:              3.27%

FDIC Insurance   $250,000.00

Comments

  1. Wow that was odd. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m
    not writing all that over again. Anyway, just wanted to say fantastic blog!

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