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Royal Bank of Canada Issues Corporate Bond with 6.5% Coupon Rate

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CAD
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The Royal Bank of Canada has issued a corporate bond with a coupon rate of 6.5% and a maturity date of October 27, 2038. The next interest payment is scheduled for October 27, 2026.

The bond's payments will be made semi-annually, with the first payment occurring in October 2024 and subsequent payments every six months thereafter.

According to TradingView, the coupon payout schedule shows that each interest rate period will have a payment amount of $32.5.

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