Royal Bank of Canada Issues Callable Corporate Bond with 2.6% Coupon Rate

The Royal Bank of Canada has issued a corporate bond with a coupon rate of 2.6% and a maturity date of June 23, 2028. The bond is listed on the FINRA exchange under the ticker RY4927856.

The redemption details for this bond are publicly available. According to the TradingView platform, the bond has a callable type with a redemption type 'Callable'. The next call date is December 31, 2004, and the call notice days stand at 10.

The bond's redemption schedule shows that it was redeemed multiple times in the past. For instance, on October 1, 2019, the price was 100% of the face value, with no accrued interest. This trend continues up to January 16, 2022, where the price remains at 100%.