RBC Issues Corporate Bond with 5.25% Coupon Rate
The Royal Bank of Canada has issued a corporate bond with a 5.25% coupon rate, set to mature on November 27, 2034. The bond is listed on the FINRA exchange under the symbol RY5949835.
The bond's risk profile shows that it does not offer inflation protection and is classified as senior unsecured debt. The issuer rating from S&P Global indicates a 'A' grade for Royal Bank of Canada, while Fitch Ratings gives a similar rating of BBB+.
The credit enhancement type is listed as none, and the bond's fundamental currency code is USD. The use of proceeds is not available.