Forex
Royal Bank of Canada Issues Bond with 4.75% Coupon Rate
The Royal Bank of Canada has issued a bond with a coupon rate of 4.75%. This means that investors who hold this bond will receive an annual interest payment of 4.75% of its face value.
The next payment is scheduled for November 16, 2026. The bond has a fixed listing, and the interest payment frequency is semi-annual.
The bond's payments are based on its face value, with each coupon amount being $23.75. This works out to a total of $47.50 per year, paid twice annually.