Royal Bank of Canada's 5.45% Bond Due 2038: Low-Risk but Inflation-Exposed

The Royal Bank of Canada's 5.45% bond due on May 26, 2038, identified by RY5592247, has a credit risk assessment profile available for analysis. The bond's security level is evaluated based on its means of inflation protection, issuer rating, and other key metrics.

According to the data provided, the bond's S&P rating as of May 2023 was 700, indicating a relatively low-risk investment. However, it's essential to note that this rating can change over time due to various market and economic factors.

The issuer, Royal Bank of Canada, has an AA+ rating from Fitch, which indicates a high level of creditworthiness. This is consistent with the bank's history of stable financial performance and strong management.

It's worth noting that this bond does not offer any inflation protection, making it vulnerable to rising interest rates and inflationary pressures.