JPMorgan Chase (JPM) issues callable zero‑coupon notes, 6.10% yield to 2056

JPMorgan Chase & Co. has priced callable zero-coupon notes with an original issue price of $169.254 per $1,000 principal, yielding 6.10% to maturity on May 6, 2056. These notes do not pay periodic interest but accrete in value, and the issuer retains the option to redeem them annually from May 6, 2028, through May 6, 2055, at scheduled accreted principal amounts. Investors face risks including credit risk of JPMorgan Chase, potential early redemption, and the notes’ long maturity relative to other fixed-income products.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin