JPMorgan Issues Corporate Bond with No Interest Rate
JPMorgan Chase & Co., a major US bank, has issued a corporate bond with a unique feature - it has no interest rate. The bond, known as JPM6467511, was priced at its face value and will mature on July 31, 2040.
The bond's issue status is listed as current, indicating that it is currently being traded. According to the source data, the bond has received a rating of 700 from S&P Global Ratings, with no other ratings information available for this specific bond.
JPMorgan Chase & Co. is one of the largest banks in the world and has been active in the corporate bond market for many years. The bank's bonds are considered to be high-quality investments due to their low risk profile and stable returns.