ROYAL BANK OF CANADA FRN DEB SUB 06/2085ROYAL BANK OF CANADA FRN DEB SUB 06/2085ROYAL BANK OF CANADA FRN DEB SUB 06/2085

ROYAL BANK OF CANADA FRN DEB SUB 06/2085

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Key terms


Outstanding amount
‪213.00 M‬USD
Face value
10,000.00USD
Minimum denomination
10,000.00USD
Coupon
5.59% (Variable)
Coupon frequency
Quarterly
Yield to maturity
8.07%
Maturity date
Jun 29, 2085
Term to maturity
60 years

About ROYAL BANK OF CANADA FRN DEB SUB 06/2085


Sector
Finance
Industry
Major Banks
Issue date
Jun 6, 1986
ISIN
GB0007542557
FIGI
BBG00000J9T7
Royal Bank of Canada engages in the provision of banking and financial services. It operates through the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Capital Markets, and Corporate Support. The Personal and Commercial Banking segment deals with a broad suite of financial products and services in both individual and business clients in Canada, the Caribbean, and the U.S. The Wealth Management segment offers a suite of wealth, investment, trust, banking, credit, and other advice-based solutions. It also offers other wealth management solutions to institutional and individual clients through its distribution channels and third-party distributors. The Insurance segment refers to a suite of advice and solutions for individual and business clients including life, health, wealth, property and casualty, travel, group benefits, annuities, and reinsurance. The Capital Markets segment is involved in the provision of advisory and origination, sales and trading, lending and financing and transaction banking to corporations, institutional clients, asset managers, private equity firms and governments globally. The Corporate Support segment consists of technology and operations services. The company was founded by J. W. Merkell, Edward Kenny, T. C. Kinnear, James B. Duffus, William Cunard, John Tobin, George P. Mitchell and Jeremiah Northup in 1864 and is headquartered in Toronto, Canada.
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