Forex
Royal Bank of Canada's RY6231131 Bond Enters Callable Redemption Phase
The Royal Bank of Canada's corporate bond RY6231131 has a redemption profile that allows investors to track its repayment details. The bond, which was issued in 2032 with a 4.5% coupon rate, is callable, meaning it can be redeemed early by the issuer.
According to TradingView, the bond's redemption schedule shows several call dates: February 16, 2023; April 15, 2023; June 14, 2023; August 11, 2023; and October 10, 2023. On each of these dates, the price will be $100.00.
The bond's outstanding amount is approximately $2.659 million USD, and its redemption type is classified as callable with a call notice period of 10 days. The next call date is set for October 10, 2023.