JPMorgan Chase & Co.'s JPM6070166 Bond Features Callable Redemption
JPMorgan Chase & Co.'s 5.6% bond matures on May 15, 2037. A bond redemption is the complete repayment of the principal and any accrued interest. The JPM6070166 bond has a callable feature with a sinking fund schedule that may impact investment decisions.
The bond's redemption details include the type, date, and amount. For example, on May 15, 2037, the principal will be repaid at a price of 100% of its face value. The bond issuer, JPMorgan Chase & Co., has also set a sinking fund schedule that may impact early redemptions.
The redemption type for this bond is callable, with the next call date being January 1, 2034. The outstanding amount is $29,999,400, and the redemption availability is 1. This means that investors can expect to receive the full principal amount upon maturity or early redemption.