JPMorgan Chase & Co., one of the largest financial institutions in the world, has issued a corporate bond with a 5.35% coupon rate.
The bond, designated as JPM6248577, is set to mature on December 3, 2055, and the next interest payment is scheduled for December 3, 2026.
This type of bond allows investors to lend money to the issuer in exchange for regular interest payments and the return of their principal at maturity.
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