Royal Bank of Canada Issues Callable Bond RY5652149 with 5.75% Coupon Rate
The Royal Bank of Canada has issued a bond called RY5652149, which carries a coupon rate of 5.75% and matures on September 15, 2030.
The bond is callable, meaning it can be redeemed early by the issuer, with the next call date set for August 29, 2023.
A total outstanding amount of $2,096,000 is currently available for redemption, and the issuer has a sinking fund schedule that may impact decisions on when to redeem the bond.
The bond's redemption type is classified as 'callable,' with a call notice period of 10 days before redemption.