RBC Issues Corporate Bond RY5611018 with 6.0% Coupon Rate
The Royal Bank of Canada (RBC) has issued a bond called RY5611018, which carries a coupon rate of 6.0% and matures on June 30, 2038.
This corporate bond is listed on the FINRA exchange under the ticker symbol FINRA:RY5611018 and its security level can be evaluated based on key metrics such as credit risk assessment, issuer rating, and inflation protection.
The RY5611018 bond has a seniority level of senior, meaning it has a higher claim on the issuer's assets in case of default. It also lacks inflation protection, making its returns more susceptible to changes in interest rates.
According to the data provided by TradingView, the bond's credit rating from Standard & Poor's (S&P) has been stable at 720 since 2007, while Fitch Ratings have given it a 730 rating with a negative outlook in 2015.