RBC Issues Corporate Bond with 4.25% Interest Rate

The Royal Bank of Canada has issued a corporate bond with a 4.25% interest rate, set to mature on October 17, 2030. This bond is listed under the ticker symbol RY6206840 and is traded on the FINRA exchange.

According to the TradingView profile, the Royal Bank of Canada's credit rating from Standard & Poor's (S&P) has been rated at 720 for several years, with a stable outlook. Fitch Ratings also gives the bank an A+ rating, indicating a high level of creditworthiness.

The bond does not offer protection against inflation and is classified as senior, meaning it has priority in case of default or bankruptcy. It also carries no credit enhancement type and is unsecured, with proceeds not available for public disclosure.