The Royal Bank of Canada has issued a bond with a coupon rate of 1.25%. This means that investors who purchase this bond will receive an interest payment of 3.125% every quarter.
The next payment is scheduled for September 30, 2026. The bond's maturity date is June 30, 2027.
It's worth noting that the coupon rate has been fixed at 1.25%, and there have been no changes to this rate in the past.
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