Forex
Royal Bank of Canada's RY5625991 Bond Redeemed at $100 per Unit
The Royal Bank of Canada's RY5625991 corporate bond has been redeemed. According to TradingView, the bond had a coupon rate of 5.55% and matured on July 31, 2030.
The redemption was a call by the issuer, with the price set at $100 per unit. The bond's redemption type is callable, meaning the issuer can redeem it before maturity if market conditions are favorable.
The sinking fund schedule for this bond is not explicitly mentioned in the source, but it may impact investment decisions.