Royal Bank of Canada's RY5909253 Bond Earns Top Credit Ratings
The Royal Bank of Canada's corporate bond, RY5909253, has a credit risk assessment available for review. The bond has a coupon rate of 4.91% and matures on October 4, 2049.
According to the data provided by TradingView, the bond's issuer rating from S&P is AA+, indicating a high level of creditworthiness. However, the issuer rating from Fitch is also AA+, suggesting that both major rating agencies have a similar view on the bond's credit quality.
The bond has no inflation protection and is unsecured, making it a senior-level debt security. The use of proceeds for this bond is not available, and there are no credit enhancement types mentioned in the data.