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Published on 10/31/2006 in the Prospect News Structured Products Daily.

New Issue: RBC prices $5.59 million 0% notes linked to S&P 500, Euro Stoxx, Nikkei

By Jennifer Chiou

New York, Oct. 31 - Royal Bank of Canada priced a $5.59 million issue of 0% principal-protected senior notes due Oct. 31, 2011 linked to a basket of three indexes, according to a SUPPL filing with the Securities and Exchange Commission.

The underlying indexes include equal weights of the S&P 500, the Nikkei 225 and the Dow Jones Euro Stoxx 50.

Payout at maturity will be par plus 120% of any again on the index basket on Oct. 27, 2011, the final valuation date. Investors will receive at least par.

RBC Capital Markets Corp. will be the underwriter.

Issuer:Royal Bank of Canada
Issue:Principal-protected senior global medium-term notes
Underlying indexes:Equally weighted S&P 500, Dow Jones Euro Stoxx 50, Nikkei 225
Amount:$5.59 million
Maturity:Oct. 31, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 120% of basket return; floor of par
Pricing date:Oct. 27
Settlement date:Oct. 31
Underwriter:RBC Capital Markets Corp.
Fee:3%

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