JPMorgan Issues Bond with 6.33% Coupon Rate
JPMorgan Chase & Co., a financial holding company founded in 1799, has issued a bond called JPM6496994. The bond is set to mature on August 31, 2056, with an initial face value of $1,000 and a minimum denomination of $1,000.00 USD.
The bond carries a coupon rate of 6.33%, which means that investors will receive regular interest payments based on this percentage of the bond's face value. The issue date for the bond is August 31, 2026.
JPMorgan Chase & Co. operates through several segments, including Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate. The company provides various financial services, such as investment banking, commercial banking, and asset management.