Royal Bank of Canada Issues Callable Corporate Bond with 6.25% Coupon Rate
The Royal Bank of Canada has issued a corporate bond with a coupon rate of 6.25% and a maturity date of November 30, 2035.
The bond is identified by the ticker symbol RY5710892 on the FINRA exchange.
A review of the bond's redemption details shows that it is callable, meaning the issuer can redeem the bond before its maturity date.
The bond has a sinking fund schedule and may be redeemed early if certain conditions are met.
According to the data provided, the bond's next call date is set for January 1, 2025, with a notice period of 10 days.