JPMorgan Chase Issues Callable Corporate Bond with 6.0% Interest Rate
JPMorgan Chase & Co., one of the largest banks in the US, has issued a corporate bond with a 6.0% interest rate and maturity date of July 31, 2043.
The bond, known as JPM6467108, is listed on the FINRA exchange and is classified as a callable bond, meaning it can be redeemed early by the issuer.
According to the TradingView data, the redemption type for this bond is 'callable', with a next call date of October 1, 2024, and a notice period of five days.
The bond's issuer has called it several times in the past, with prices ranging from $100.0 to $100.0 on each call date, indicating that the issuer is exercising its option to redeem the bond early.