JPMorgan Chase sells $2.5 bln 30-year bonds

Sat May 17, 2008 1:40am IST

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NEW YORK, May 16 (Reuters) - JPMorgan Chase (JPM.N: Quote, Profile, Research) on Friday sold $2.5 billion in 30-year bonds, said International Financing Review.

The 6.40 percent bonds were priced at 98.846 to yield 6.488 percent or 195 basis points over U.S. Treasuries, added IFR, a publication of Thomson Reuters. (Reporting by Caryn Trokie; Editing by Jonathan Oatis)

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