RBC plans to sell jump securities linked to iShares MSCI EM fund

By Marisa Wong

Madison, Wis., Dec. 22 - Royal Bank of Scotland plans to price 0% jump securities due July 2012 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund gains, the payout at maturity will be par of $10.00 plus an upside payment of $1.40 to $1.80 per note. The exact amount will be set at pricing.

Investors will share in any losses.

The notes (Cusip: 78010V667) will price and settle in January.

RBC Capital Markets, LLC will be the agent, and Morgan Stanley Barney LLC will handle distribution.

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