RBC's RY6150117 Bond Redeemed Several Times Ahead of Maturity Date
The Royal Bank of Canada's (RBC) bond, RY6150117, is a callable corporate bond with a 5.5% coupon rate and maturity date of August 15, 2040. According to TradingView, the bond has a current redemption type of 'callable' and a next call date of October 1, 2024. The outstanding amount is $12,825,000.
The bond's redemption schedule shows that it has been redeemed at a price of $100.00 on several dates prior to its maturity date, including January 15, 2016, and July 14, 2020. The call notice days for the next redemption is set at 10 days.
The issuer of the bond is Royal Bank of Canada, which is a leading financial institution in Canada.