Bond Royal Bank of Canada 4.2% ( CA780086UF96 ) in CAD

Issuer Royal Bank of Canada
Market price refresh price now   100.00 %  ⇌ 
Country  Canada
ISIN code  CA780086UF96 ( in CAD )
Interest rate 4.2% per year ( payment 1 time a year)
Maturity Perpetual



Prospectus brochure in PDF format

Minimal amount 1 000 CAD
Total amount 750 000 000 CAD
Cusip 780086UF9
Next Coupon 05/11/2026 ( In 78 days )
Detailed description The Royal Bank of Canada (RBC) is a Canadian multinational financial services company offering personal and commercial banking, wealth management, insurance, and investment banking services globally.

Royal Bank of Canada (RBC), a globally recognized leader in financial services and one of Canada's largest banks by market capitalization, has issued a distinctive perpetual bond identified by ISIN CA780086UF96 and CUSIP 780086UF9. This debt instrument, originating from Canada and denominated in Canadian Dollars (CAD), offers a fixed annual interest rate of 4.2%, providing investors with a consistent income stream. A key characteristic of this bond is its perpetual maturity, meaning there is no specified date for the repayment of the principal amount by RBC; instead, bondholders are entitled to continuous interest payments, which are scheduled to occur annually. The total size of this significant issuance amounts to CAD 750,000,000, reflecting a substantial capital raise for the bank, with a minimum purchase size set at CAD 1,000, making it accessible to a range of investors. Currently, the bond is trading at 100% of its par value in the market, indicating that its valuation aligns precisely with its face amount, reflecting stable market conditions and investor confidence in this long-term commitment from a prominent financial institution like the Royal Bank of Canada.
DateClean price
07/08/2024100.00%
08/07/2024100.00%
06/08/2023100.00%
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