JPM plans CDs linked to MSCI World, JPM GBI, DJ-UBS commodity, yen

By Jennifer Chiou

New York, Aug. 4 - JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due Feb. 28, 2017 linked to equal weights of the MSCI World index, JPMorgan GBI Global Bond Index Total Return hedged in dollars, the Dow Jones-UBS Commodity index and the Japanese yen against the dollar, according to a term

The payout at maturity will be par plus at least 100% of the basket return. The exact participation rate will be set at pricing.

The ending basket level will be measured on annual averaging dates falling in February of each year.

The CDs (Cusip 48123YNS1) are expected to price on Aug. 26 and settle on Aug. 31.

J.P. Morgan Securities Inc. is the agent.

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