New Issue: RBC prices $7.21 million 9.63% trigger yield optimization notes linked to Weatherford

By Toni Weeks

San Diego, Feb. 7 - Royal Bank of Canada priced $7.21 million of 9.63% trigger yield optimization notes due Feb. 8, 2013 linked to the registered shares of Weatherford International Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of Weatherford stock.

The payout at maturity will be par in cash unless the final price of Weatherford stock is less than 65% of the initial share price, in which case investors will receive one Weatherford share per note.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

Issuer:	Royal Bank of Canada
Issue:	Trigger yield optimization notes
Underlying stock:	Weatherford International Ltd. (NYSE: WFT)
Amount:	$7,210,420.80
Maturity:	Feb. 8, 2013
Coupon:	9.63%, payable monthly
Price:	Par of $17.40
Payout at maturity:	If final share price is less than trigger price, one Weatherford share; otherwise, par
Initial share price:	$17.40
Trigger price:	$11.31, 65% of initial price
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Agents:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2%
Cusip:	78010V261

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