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Published on 7/8/2011 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

New Issue: RBC prices $400 million four-year notes at par to yield 1.92%

By Andrea Heisinger

New York, July 8 - The Royal Bank of Canada sold $400 million of four-year global senior medium-term notes at par to yield 1.92%, according to a 424B2 filing with the Securities and Exchange Commission.

The notes (Aa1/AA-/AA) are non-callable.

Citigroup Global Markets Inc. was the agent.

The bank and financial services company is based in Toronto.

Issuer:Royal Bank of Canada
Issue:Global senior medium-term notes
Amount:$400 million
Maturity:July 30, 2015
Agent:Citigroup Global Markets Inc.
Coupon:1.92%
Price:Par
Yield:1.92%
Call:Non-callable
Trade date:July 6
Settlement date:July 11
Ratings:Moody's: Aa1
Standard & Poor's: AA-
Fitch: AA

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