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