RBC Raises $1.5 Billion Through Subordinated Debentures Amid Downside Pressure

Royal Bank of Canada (RY) has successfully raised $1.5 billion through non-viability contingent capital subordinated debentures, increasing its regulatory capital buffer and bolstering liquidity management.

This move is part of the bank's efforts to diversify funding channels and support investor confidence. The bank also issued GBP 475 million in floating rate senior notes due September 2027 and admitted €85 million in mortgage covered bonds to trading on the London Stock Exchange on September 23, 2026.

The stock is currently trading below its short- and medium-term moving averages but remains above longer-term trend support. Momentum indicators point to selling pressure, with a 77% chance of a downward scenario and further downside favored over the next several days.