JP Morgan continues funding spree with $2bn trade

By Graham Bippart
08 May 2014

JP Morgan continued its cracking pace of issuance with a $2bn offering of 10 year notes on Tuesday.

The deal pushed JP Morgan’s total supply year to date beyond $16bn, making it the second most prolific issuer among Wall Street banks, behind Bank of America Merrill Lynch.

JP Morgan, rated A3/A, provided initial price thoughts in the area of 110bp to 115bp over Treasuries, before ...

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