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

New Issue: RBC prices $4.217 million 0% notes linked to S&P 500, Euro Stoxx, Nikkei

By Jennifer Chiou

New York, June 30 - Royal Bank of Canada priced a $4.217 million issue of 0% principal-protected senior notes due June 30, 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 June 28, 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:$4.217 million
Maturity:June 30, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 125% of basket return; floor of par
Pricing date:June 28
Settlement date:June 30
Underwriter:RBC Capital Markets Corp.

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