Royal Bank of Canada Sets Note Rate to 4.125%, Stock Trades at EUR 174.67
Royal Bank of Canada set its interest rate on floating-rate debentures due in 2085 to 4.125% for the period starting September 30, 2026.
The bank's stock traded at EUR 174.67 on October 2, 2026, up 0.52% from the prior close of EUR 173.76.
This comes after the bank reported record earnings of CAD 6.0 billion in the third quarter, a 11% increase from the same period last year.