RBC Issues Corporate Bond with 5.5% Coupon Rate
The Royal Bank of Canada (RBC) issued a corporate bond with a 5.5% coupon rate, which is the interest paid on the bond.
The bond has a maturity date of February 16, 2039, and its next payment is scheduled for August 17, 2026.
The RBC bond pays semi-annual coupons, with each payment amounting to $27.5 per period.
The company's rating from Fitch is B+, which was assigned on June 25, 2018.