Royal Bank of Canada's RY5634814 Bond Sees Multiple Redemptions

Royal Bank of Canada's (RY) bond RY5634814 is a callable corporate bond with an interest rate of 5.6% and a maturity date of August 16, 2038.

The bond has been redeemed several times since its issuance, with the most recent redemption occurring on September 1, 2023, at a price of $100.00 per unit.

The redemption schedule for RY5634814 shows that the bond can be called by the issuer starting from August 16, 2035, with a call notice period of 10 days and a minimum redemption amount of $1 million.

The outstanding principal amount of the bond is $3 million, and the redemption type is callable, meaning that the issuer has the right to redeem the bond before its maturity date.