US Wrap: Royal Bank of Canada rejoins issuance with accelerated growth product

Royal Bank of Canada has joined the offering with an accelerated growth product after being quieter on the issuance front of late.

The Buffered Bullish Notes Linked to the S&P 500 Index are five-year investments, an unusually long term for this type of product in the US. The product has 100% market participation, meaning it is not really an accelerated growth product. Instead,  "principal at risk participation product" would be a more accurate description, according to Tim Mortimer at Future Val

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: