Bond JPMorgan Chase & Company 0% ( XS1451187782 ) in USD

Issuer	JPMorgan Chase & Company
Market price	100 % ⇌
Country	United States
ISIN code	XS1451187782 ( in USD )
Interest rate	0%
Maturity	05/09/2047
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Minimal amount	1 000 000 USD
Total amount	158 000 000 USD
Detailed description	JPMorgan Chase & Co. is a leading global financial services firm offering investment banking, consumer and community banking, commercial banking, and asset and wealth management services across diverse geographic markets. An offering from JPMorgan Chase & Co, a prominent global financial services firm and one of the largest banking institutions worldwide known for its leadership in investment banking, consumer and commercial banking, financial transaction processing, and asset management, is identified under the ISIN code XS1451187782. This bond, issued from the United States, currently trades at 100% of its nominal value in USD. A distinctive feature of this particular instrument is its 0% interest rate, classifying it as a zero-coupon bond, where the investor's return is derived from the accretion of the bond's value to its par value at maturity rather than periodic coupon payments. The total size of this specific issuance stands at 158,000,000, with a minimum purchase size set at 1,000,000, making it largely accessible to institutional investors. This long-term debt instrument is scheduled to mature on September 5, 2047, offering a significant duration. Despite its zero-coupon nature, a payment frequency of 2 is indicated, a detail typically associated with semi-annual interest calculations in coupon bonds, but here signifying valuation or internal metrics for this non-interest-bearing security.