Changes to Interbank Offered Rates (IBORS) and other Benchmark Rates

As further described here, JPMS LLC wants to draw to the attention of stakeholders and users, the changes in the wider market to interbank offered rates (“IBORs”) and other benchmarks. JPMS is considering these IBOR reforms in the context of our index inventory and will update, as needed, index methodologies to account for these changes in due course.

If you have any queries on the impact of this updated disclosure for you, please contact your usual J.P. Morgan Sales Contact.