JPMorgan Chase Bond Redeemed at 100%, Next Call Scheduled for 2034
A bond redemption is an event where the principal and accrued interest are fully repaid. In this case, JPMorgan Chase & Co.'s 5.425% 12-SEP-2040 bond has a callable redemption feature. According to TradingView data, there have been several redemptions since 2021, with each call priced at 100%. The next scheduled call is set for September 12, 2034.
The bond's issuer, JPMorgan Chase & Co., is rated by FINRA as BBB- (700), Moody's as Baa2 (710), and Fitch as BBB+ (720). This indicates a relatively stable credit rating. The outstanding amount of this bond is approximately $9.42 million.