JP Morgan launched the ninth reverse convertible of the year linked to the bank's shares. The note lasts three months and pays an annualised coupon of 21%, which equates to 1.75% per monthly payment, with a stock barrier of 50%. JP Morgan also launched two autocallable products linked to the S&P 500, which have either six month or 18 month maturities.
J P Morgan Chase & Co
Mar 26 2009
Jun 30 2009
J P Morgan Chase &
The week on Risk.net, July 7-13, 2018Receive this by email