Royal Bank of Canada's RY5992185 Bond Called Multiple Times
The Royal Bank of Canada's (RBC) corporate bond RY5992185 has a coupon rate of 5.3% and matures on January 30, 2032.
A bond redemption is the complete repayment of the principal and any accrued interest. In this case, RY5992185 is callable with a sinking fund schedule that may impact decisions.
According to TradingView's data, there have been several call options exercised in the past: on December 31, 2023, at 100% price; on September 30, 2023, also at 100%; and similarly on June 30, 2023, March 31, 2023, December 31, 2022, September 30, 2022, and June 30, 2022. All of these were at a price of 100%.
The bond has an outstanding amount of $2747 million with a redemption type of 'callable' and the next call date is set for March 31, 2031. The issuer of this bond is Royal Bank of Canada.