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Published on 7/30/2008 in the Prospect News Structured Products Daily.

New Issue: RBC prices $3.35 million principal-protected notes linked to three indexes

By Jennifer Chiou

New York, July 30 - Royal Bank of Canada priced $3.35 million of 0% principal-protected notes due Jan. 31, 2013 linked to an index basket, according to a 424B5 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 33.3333% weight, the Dow Jones Euro Stoxx 50 index with a 33.3333% weight and the Nikkei 225 index with a 33.3334% weight.

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

RBC Capital Markets Corp. is the underwriter.

Issuer:Royal Bank of Canada
Issue:Principal-protected notes
Underlying indexes:S&P 500 with 33.3333% weight, Dow Jones Euro Stoxx 50 with 33.3333% weight and Nikkei 225 with 33.3334% weight
Amount:$3.35 million
Maturity:Jan. 31, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain; floor of par
Pricing date:July 29
Settlement date:July 31
Underwriter:RBC Capital Markets Corp.
Fees:3.625%

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