Royal Bank of Canada Issues Corporate Bond with 0% Interest Rate
The Royal Bank of Canada (RBC) has issued a corporate bond with the ticker RBC5625879. The bond, which matures on August 2, 2028, carries a 0% interest rate.
The bond is listed on the Financial Industry Regulatory Authority (FINRA), and its issuer is Royal Bank of Canada.
According to TradingView's credit risk assessment, the bond has a seniority level of 'Senior' and an inflation protection level of 'Non-protected'. The credit enhancement type is 'None', indicating that there are no additional measures in place to mitigate credit risk.
The issuer rating for Royal Bank of Canada is AAA, as per Standard & Poor's (S&P) ratings. However, it's worth noting that the bond issue rating for this specific bond is not available.