JPMorgan Chase Bond Can Be Redeemed Early in 2029
JPMorgan Chase & Co.'s JPM6470350 bond is a corporate bond with a 6.1% coupon and a maturity date of August 4, 2056.
The bond has a callable feature, which means it can be redeemed early by the issuer at specific dates and prices. According to the redemption schedule provided on TradingView, the next call date is December 31, 2029, with a notice period of five days.
The price for redemption is fixed at $100 per bond, and the issuer has the option to redeem the bond at this price if market conditions are favorable. The bond's issuer rating is B+, according to Fitch Ratings, which indicates that the issuer has a strong credit profile but may face some challenges in the future.