Forex
Royal Bank of Canada Issues Corporate Bond with 5.25% Coupon Rate
The Royal Bank of Canada has issued a corporate bond with a coupon rate of 5.25%. This means that investors who purchase this bond will receive an annual interest payment of 5.25% on their investment.
The next interest payment is scheduled for September 28, 2026. The bond's payments are semi-annual, with each period lasting 184 days.
The Royal Bank of Canada issued the RY6040474 bond with a face value of $26.25 and an annual coupon rate of 5.25%. This is a fixed-rate bond, meaning that the interest rate will remain constant throughout its lifespan.