RBC Expands London Debt Market Presence with New Covered Bond Issue

Royal Bank of Canada has expanded its presence in London's debt markets with the admission of new covered bonds to trading on the London Stock Exchange main market.

The transaction forms part of the bank's established global covered bond programme and adds another funding instrument to its international capital-markets activity.

The latest covered bonds are denominated in euros and carry a fixed coupon, with a long-dated maturity profile that provides greater visibility over future funding requirements.

As part of its broader approach to securing diversified sources of funding across international markets, Royal Bank of Canada's covered bond programme spans multiple currencies and maturity periods.