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Published on 6/30/2006 in the Prospect News Convertibles Daily.

New Issue: RBC prices $0.459 million 0% notes linked to Nikkei

By Jennifer Chiou

New York, June 30 - Royal Bank of Canada priced a $0.459 million issue of 0% principal-protected senior notes due June 30, 2010 linked to the Nikkei 225 index, according to a SUPPL filing with the Securities and Exchange Commission.

Payout at maturity will par plus any gain on the index. Investors will receive at least par.

Issuer:Royal Bank of Canada
Issue:Principal-protected senior global medium-term notes
Underlying index:Nikkei 225
Amount:$0.459 million
Maturity:June 30, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus the index return; floor of par
Pricing date:June 28
Settlement date:June 30
Underwriter:RBC Capital Markets Corp.

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