RBC Issues Corporate Bond with 0.0% Interest Rate
The Royal Bank of Canada has issued a corporate bond with a 0.0% interest rate, maturing on February 16, 2039.
The bond's coupon payment schedule shows quarterly payments of $21.25 per annum, with an interest rate of 8.5%, starting from January 6, 2024.
A total of 26 coupons are scheduled to be paid over the life of the bond, ending on February 15, 2039.