RBC Issues Corporate Bond with 5.2% Coupon Rate and No Inflation Protection

The Royal Bank of Canada (RBC) has issued a corporate bond, RY5972119, with a 5.2% coupon rate and maturing on December 31, 2036. The bond is listed on the FINRA exchange under the ticker symbol FINRA:RY5972119. According to TradingView's risk profile, the bond has a seniority level of 'Senior' and offers no protection against inflation.

The issuer rating for RBC has been stable at AA- (Fitch) and A+ (S&P) over the past few years, with some fluctuations in outlook. The current credit risk assessment indicates that the bonds are not secured, meaning there is a higher risk of default or credit downgrades.

RBC Capital Markets, LLC is listed as the calculation agent, underwriter, and legal advisor to issuing entities for this bond. Norton Rose Fulbright Canada LLP serves as the tax counsel.