JPMorgan Issues $1,000 Bond with 6.4% Coupon Rate
JPMorgan Chase & Co. has issued a bond with a face value of $1,000 and a coupon rate of 6.4%. The bond matures on August 31, 2056, and has a term to maturity of 30 years.
The bond is part of the company's efforts to manage its liquidity, funding, capital, structural interest rate, and foreign exchange risks through its Corporate segment.
JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, NY.