New Issue: RBC prices $1.47 million bullish currency-linked notes vs. dollar

By Jennifer Chiou

New York, Oct. 29 - Royal Bank of Canada priced $1.47 million of 0% currency-linked notes due Oct. 30, 2015 tied to the bullish performance of equal weights of the Brazilian real, the Australian dollar, the Canadian dollar and the Norwegian krone relative to the U.S. dollar, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus the basket performance. Investors will receive at least par.

RBC Capital Markets Corp. is the underwriter.

Issuer:	Royal Bank of Canada
Issue:	Currency-linked notes
Underlying assets:	Equal weights of the Brazilian real, the Australian dollar, the Canadian dollar and the Norwegian krone relative to the U.S. dollar
Amount:	$1.47 million
Maturity:	Oct. 30, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return; floor of par
Initial rates:	1.7077 reais per U.S. dollar; 0.9685 Australian dollars per U.S. dollar; 1.0313 Canadian dollars per U.S. dollar; 5.9056 krone per U.S. dollar
Pricing date:	Oct. 27
Settlement date:	Oct. 29
Underwriters:	UBS Financial Services Inc. and RBC Capital Markets Corp.
Fees:	2%
Cusip:	78008KPH0

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