Bond Royal Bank of Canada 0% ( US78014K2794 ) in USD

Issuer Royal Bank of Canada
Market price 100.00 %  ⇌ 
Country  Canada
ISIN code  US78014K2794 ( in USD )
Interest rate 0%
Maturity 31/01/2022 - Bond has expired



Prospectus brochure in PDF format

Minimal amount 1 000 USD
Total amount 5 401 000 USD
Cusip 78014K279
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.

The Royal Bank of Canada, a prominent Canadian multinational banking and financial services company headquartered in Toronto, served as the issuer for a specific USD-denominated zero-coupon bond, identifiable by ISIN US78014K2794 and CUSIP 78014K279, originating from Canada. Despite a stated payment frequency of 2, this bond paid no periodic interest, with its return embedded in the discount at which it was initially purchased; it had a total issue size of 5,401,000 units and a minimum purchase size of 1,000 units. While actively traded, this obligation was recorded at a market price of 11.41% at a certain point, reflecting its valuation during its lifecycle before it reached its maturity date on January 31, 2022, at which time it was fully repaid and its lifecycle concluded.
DateClean price
03/09/202411.41%
07/08/2024100.00%
20/05/202411.41%
04/09/2023100.00%