Royal Bank of Canada Bond Coupon Rate Reaches 4.66% Ahead of Next Payment
The Royal Bank of Canada FRN 11-APR-2028 bond has an interest rate paid on it known as the coupon, or nominal yield. The current coupon rate is 4.66%, and the next payment is scheduled for October 13, 2026.
According to TradingView, a financial data analysis platform, this information can be found in the 'Interest Payment Overview' section of the bond's profile page.
The bond has a floating rate coupon change type, meaning that its interest rate may fluctuate based on market conditions. The accrued coupon interest as of now is 1.4252333333333331%.