Forex
Royal Bank of Canada's Callable Bond Scheduled for Redemption in 2039
A bond redemption is scheduled for Royal Bank of Canada's 5.7818% 28-FEB-2039 corporate bond, FINRA:RY5761680. The bond has a callable feature with a sinking fund schedule that may impact the issuer's decision to redeem it early.
The redemption details show that the bond is callable at a price of $100.00 and will be repaid in full along with any accrued interest on specific dates. The next call date is 1787875200, which translates to February 28, 2039.
According to the data provided by TradingView, there have been multiple redemption events for this bond, all occurring at a price of $100.00 and with the type 'call'. The issuer has also issued a call notice with 10 days' notice before each redemption event.