Royal Bank of Canada Lists €3 Billion in Covered Bonds on LSE
Royal Bank of Canada has announced the listing of €3 billion in covered bonds on the London Stock Exchange's main market.
The bank issued the bonds under its €75 billion Global Covered Bond Programme, with a guarantee provided by RBC Covered Bond Guarantor Limited Partnership.
The issuance consists of two tranches: €2.25 billion of 3.375% covered bonds maturing September 15, 2031, and €750 million of 3.750% covered bonds maturing September 15, 2036.