JPMorgan Chase Bond Redemptions Accelerate
JPMorgan Chase & Co.'s 5.5% bond due in 30 years has seen a series of call redemptions, where the issuer repays the principal and accrued interest early.
The most recent redemption occurred on January 7, 2024, at a price of $100 per bond. This was one of many similar events that have taken place since the bond's issuance in August 2014.
A total of 21 call redemptions have been made so far, with the earliest one occurring on February 27, 2015, and the most recent on January 7, 2024. The outstanding amount after these redemptions is $17,100,000.