Royal Bank of Canada Issues Corporate Bond with 5.3% Coupon Rate
The Royal Bank of Canada has issued a bond with a coupon rate of 5.3%, which means that investors will receive an interest payment of this amount on their investment.
The next payment is scheduled for July 31, 2026, and the frequency of payments is semi-annual.
The current market value of the bond is not specified in the source, but the coupon rate is a key metric that investors use to evaluate the attractiveness of the bond.