New Issue: RBC prices $10 million 0% notes linked to S&P 500, Euro Stoxx, Nikkei

By Jennifer Chiou

New York, May 31 - Royal Bank of Canada priced a $10 million issue of 0% principal-protected senior notes due May 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 par plus 125% of any again on the index basket on May 26, 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:	$10 million
Maturity:	May 31, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of basket return; floor of par
Pricing date:	May 26
Settlement date:	May 31
Underwriter:	RBC Capital Markets Corp.

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