JPMorgan Chase Issues Notes with Up to 16.05% Contingent Interest Rate
JPMorgan Chase & Co. has issued notes that offer investors a chance to earn up to 16.05% per annum in contingent interest payments. The notes are linked to five reference stocks and will be automatically called if the closing price of one share of each stock is greater than or equal to its call value on any review date.
The contingent interest rate is 16.05% per annum, payable at a rate of 1.3375% per month. If the notes have not been automatically called and the final value of each reference stock is greater than or equal to its trigger value, investors will receive a cash payment at maturity.
However, if the final value of any reference stock is less than its trigger value, investors may lose more than 50.00% of their principal amount at maturity and could even lose all of it. The notes have a pricing date of September 25, 2026, and an original issue date (settlement date) on or about September 30, 2026.