Bond JPMorgan Chase 0% ( XS1244560022 ) in EUR

Issuer	JPMorgan Chase
Market price	100 % ⇌
Country	United States
ISIN code	XS1244560022 ( in EUR )
Interest rate	0%
Maturity	12/06/2017 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	1 750 000 000 EUR
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. JPMorgan Chase & Co. (NYSE: JPM), a preeminent global financial services firm headquartered in the United States, which provides a comprehensive suite of services including investment banking, commercial banking, and asset management to a vast international clientele, issued a notable bond identified by ISIN code XS1244560022. This particular debt instrument, denominated in Euros (EUR), was characterized by a zero percent (0%) interest rate, classifying it as a zero-coupon bond, meaning investors would receive their return through the difference between the purchase price and the par value at maturity, rather than periodic interest payments. The total issuance size for this bond was substantial, amounting to EUR 1,750,000,000, reflecting the significant capital requirements or funding strategy of the issuer. At the time of its market activity, the bond's current market price stood at 100% of its nominal value, indicating it traded at par. Structured to accommodate larger investments, the minimum purchase size for this security was set at EUR 100,000. The bond was scheduled to mature on June 12, 2017, with a stated payment frequency of '1', which, for a zero-coupon instrument, implies a single principal repayment at maturity. It is important to note that this obligation has indeed reached its maturity date as planned and has been fully repaid to its bondholders, signifying a completed and settled financial obligation in accordance with its terms and conditions.