JPMorgan Chase & Co. Issues 5.3% Corporate Bond with July 2036 Maturity

JPMorgan Chase & Co., one of the largest banks in the US, has issued a corporate bond with a coupon rate of 5.3%. The bond, JPM6467110, has a maturity date of July 31, 2036 and is currently trading on the FINRA exchange.

The current coupon rate of 5.3% means that investors will receive an annual interest payment of $53 per $1,000 face value of the bond. The next payment is scheduled for August 2, 2027.

The bond's payments are made on an annual basis, with the frequency and period specified as 'annual' and '365 days', respectively. This means that investors can expect to receive a total of $1,060 per year in interest payments, assuming the coupon rate remains constant.