Royal Bank of Canada 5.3% Bond Due in 2034: Key Risk Metrics Revealed
The Royal Bank of Canada's 5.3% bond due in 2034 has various key metrics for risk analysis, including its security level, inflation protection, and issuer rating.
According to TradingView, the bond has a seniority level of 'Senior' and is unsecured, with general corporate purposes as the use of proceeds.
The issuer, Royal Bank of Canada, has a credit rating from Standard & Poor's (S&P) with a long-term rating of 720 and an outlook of 0, indicating a stable outlook. The S&P rating was last updated on July 28, 2021.
Fitch Ratings also provides a credit rating for the issuer, with a long-term rating of 720 and an outlook of -1, indicating a negative outlook. The Fitch rating was last updated on May 25, 2022.