RBC Bond RY5861582 Offers Callable Redemption Options
A Royal Bank of Canada (RBC) bond, RY5861582, has a callable redemption profile. This means that the issuer can redeem the bond before its maturity date.
The first call date for this bond is on July 31, 2034, at which point it will be redeemed at par value of $100.00 per unit. However, prior to this date, there are several earlier call dates where the issuer may choose to redeem the bond.
According to the data, the earliest call date for RY5861582 is in 1785456000 (which corresponds to April 11, 2008). On each of these call dates, the price at which the bond will be redeemed is $100.00 per unit.