Royal Bank of Canada's Callable Bond RY6412891: Redemption Schedule Revealed

The Royal Bank of Canada's 6.0% bond, ticker symbol RY6412891, is callable. This means that the bank can choose to redeem the bond at any time before its maturity date on June 2, 2051. According to TradingView, the bond has been redeemed several times since its issue. The redemption schedule shows that the bond was called at a price of $100.00 each time.

The next call is expected to occur in approximately 2026, with the bank giving 10 days' notice before redeeming the bond. As of now, the outstanding amount of this bond is $11,219,000.