New Issue: RBC sells $3.08 million digital index-linked notes on Stoxx

By Kiku Steinfeld

Chicago, Oct. 28 – Royal Bank of Canada priced $3.08 million of 0% digital index-linked notes due March 16, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above 90% of its initial level, the payout at maturity will be the threshold settlement amount of $1,109.60 per $1,000 of notes.

Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

RBC Capital Markets, LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,079,000
Maturity:	March 16, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above buffer level, $1,109.60 per $1,000 of notes; otherwise, 1.1111% loss for every 1% that index declines beyond buffer
Initial index level:	3,171.41
Buffer level:	90% of initial level
Pricing date:	Oct. 22
Settlement date:	Oct. 29
Agent:	RBC Capital Markets, LLC
Fees:	None
Cusip:	78016EFT9

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