Bond JPMorgan Chase 0% ( US48125UWW88 ) in USD

Issuer JPMorgan Chase
Market price 109.08 %  ⇌ 
Country  United States
ISIN code  US48125UWW88 ( in USD )
Interest rate 0%
Maturity 30/06/2021 - Bond has expired



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Minimal amount 1 000 USD
Total amount 4 036 000 USD
Cusip 48125UWW8
Detailed description JPMorgan Chase & Co. is a leading global financial services firm offering investment banking, asset and wealth management, and consumer and community banking services.

This article provides a financial overview of a specific fixed-income instrument, an uncertificated bond identified by ISIN US48125UWW88 and CUSIP 48125UWW8. The bond was issued by JP Morgan, a leading global financial services firm headquartered in the United States, operating across diverse sectors including investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. As a cornerstone of the global financial landscape, JP Morgan serves millions of customers worldwide and maintains a significant presence across nearly all major business areas in which it operates, reflecting its pivotal role and stability in the financial markets. Detailing the bond's specifications, it was denominated in US Dollars (USD) and categorized as a zero-coupon bond, explicitly stating an interest rate of 0%. This characteristic signifies that the bond did not make periodic interest payments; instead, it was typically sold at a discount to its face value, with investors' returns realized through the appreciation to its par value upon its redemption at maturity. The total size of the issue was reported at $4,036,000, with a minimum purchase size set at $1,000. While a payment frequency of 2 was indicated in its profile, consistent with a semi-annual schedule, it is important to note that as a true zero-coupon instrument, no regular coupon payments were disbursed; rather, the investment's full value, typically its principal, was settled as a single payment at its maturity date. The bond reached its maturity on June 30, 2021, at which point it was fully redeemed and reimbursed, concluding its lifecycle. Prior to its maturity, the bond was observed trading at a market price of 109.08% of its par value, also denominated in USD. This historical market valuation reflects its trading dynamics and the premium at which it was valued in the market before its ultimate redemption. The complete lifecycle of this bond, from its issuance by a globally significant entity like JP Morgan to its final and punctual redemption, illustrates a standard process within the fixed-income market for a matured financial instrument.