Product Snapshot: Trump policies fuel talk of inflation
One day before the release of the US Federal Reserve minutes, on February 22, Wells Fargo issued a floater capped call structure linked to the US CPI Urban Consumers NSA inflation. The Capped Fixed to Floating Rate Notes - US CPI Urban Consumers NSA (95000N2D0) is a 10-year registered note that offers a fixed monthly coupon of 3% in the first two years, and a monthly inflation-linked coupon until maturity, floored at 1% and capped at 5%.
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