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Prospect News home > News index > List of issuers R > Headlines for Royal Bank of Canada > News item
Published on 3/30/2012 in the Prospect News Structured Products Daily.

RBC to redeem in full $22.06 million of Stars due 2012 tied to S&P 500

By Marisa Wong

Madison, Wis., March 30 - Royal Bank of Canada said it will redeem all $22,056,830 of its outstanding 0% Strategic Accelerated Securities due Oct. 9, 2012 linked to the S&P 500 index.

The Stars (Cusip: 78008A774) will be redeemed on April 3 at 108.93. The redemption price includes an annualized call premium of 17.86%.


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