trending Market Intelligence /marketintelligence/en/news-insights/trending/DjFZGWIhXpF7GPrKdO_Xug2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Royal Bank of Canada set to redeem subordinated debentures

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Royal Bank of Canada set to redeem subordinated debentures

Royal Bank of Canada will redeem C$2 billion worth of subordinated debentures Dec. 6.

The debentures were set to mature Dec. 6, 2024.

The redemption covers all outstanding 2.99% subordinated debentures for 100% of their principal, including accrued interest to, but excluding, the redemption date. The redemption will be funded using general corporate funds.