Royal Bank of Canada Issues Corporate Bond with 5.50% Coupon Rate
The Royal Bank of Canada (RBC) has issued a corporate bond with a coupon rate of 5.50%. This bond, identified as RY5830313, was issued on June 13, 2031, and is set to mature on the same date.
The next payment for this bond is scheduled for December 14, 2026. The payments are made semi-annually, with each payment consisting of $27.50 based on the current coupon rate of 5.50%.
It's worth noting that the interest rate paid on this bond remains fixed at 5.50%, and there is no mention of any changes to this rate in the provided data.