Forex
Royal Bank of Canada's RY5541096 Bond Redeemed at Maturity
The Royal Bank of Canada's bond RY5541096 has been redeemed by the issuer. The bond had a coupon rate of 5.1% and matured on February 15, 2028. According to TradingView, the redemption type was callable, with the first call notice dated back to November 22, 2019, at a price of 100%. The bond's redemption schedule showed multiple calls, all priced at 100%, starting from September 1, 2020.
The issuer redeemed the bond after it reached maturity. This type of redemption is typical for callable bonds with sinking funds, which can be redeemed early according to their terms.
TradingView users have access to key redemption data, including current and historical repurchases, as well as a sinking fund schedule that may impact investment decisions.