Royal Bank of Canada Issues Corporate Bond RY3941434 with Semi-Annual Coupon Payments
The Royal Bank of Canada has issued a corporate bond, RY3941434, which is due to mature on December 27, 2027. The bond's coupon payments are scheduled semi-annually and will be made on specific dates.
A coupon payment is essentially the interest rate paid on a bond, with the next payment set for December 29, 2026. According to the data provided by TradingView, there have been several coupon payments made in the past, with varying frequencies of semi-annual and annual payments.
The Royal Bank of Canada has issued this bond under the FINRA exchange, indicating that it is listed on the Financial Industry Regulatory Authority's platform. The bond has a 'step-up/down' coupon change type, meaning that the interest rate may fluctuate based on market conditions.