Forex
Royal Bank of Canada Bond Identified as Callable
A Royal Bank of Canada bond has been identified as having a callable redemption feature. The bond in question is the RY5611013, which has a face value of 5.55% and matures on June 30, 2038.
The data shows that there have been numerous redemptions for this bond since its issuance, with each call being made at a price of $100.00 per unit.
The next redemption date is set to be November 1, 2025, and bondholders will receive notice 10 days prior to the redemption date.