New Issue: RBC prices $8 million principal-protected notes linked to S&P GSCI Agriculture index

By Angela McDaniels

Seattle, Sept. 26 - Royal Bank of Canada priced $8 million of zero-coupon principal-protected notes due March 29, 2010 linked to the S&P GSCI Agriculture Excess Return index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of 30%. Investors will receive at least par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Principal-protected notes
Underlying index:	S&P GSCI Agriculture Excess Return
Amount:	$8 million
Maturity:	March 29, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 30% maximum return; floor of par
Initial index level:	77.45302
Pricing date:	Sept. 24
Settlement date:	Sept. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	None

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