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Published on 11/27/2006 in the Prospect News Structured Products Daily.

New Issue: RBC prices $139,000 0% notes linked to Dow Industrials

By Angela McDaniels

Seattle, Nov. 27 - Royal Bank of Canada priced a $139,000 issue of zero-coupon principal-protected notes due Nov. 29, 2013 linked to the Dow Jones Industrial Average, according to a SUPPL filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain on the basket on Nov. 25, 2013, the valuation date. Investors will receive at least par.

Issuer:Royal Bank of Canada
Issue:Principal-protected senior global medium-term notes, series B
Underlying index:Dow Jones Industrial Average
Amount:$139,000
Maturity:Nov. 29, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus any gain on the basket; floor of par
Initial index level:12,321.60
Pricing date:Nov. 21
Settlement date:Nov. 27
Underwriter:RBC Capital Markets Corp.
Fee:3.75%

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