RBC reverse convertible taps 3D printing revolution

RBC is offering an income product that relies on the stock performance of 3D printer manufacturer 3D Systems for the return of capital, but has no such restriction on the quarterly income payment. The annualised coupon is 13.75%

Intricate object printed by Velleman 3D printer

Royal Bank of Canada has issued reverse convertible notes linked to the common stock of 3D Systems Corporation. This type of product is known as 'income generating' and generally pays a fixed income while placing principal at risk, the repayment of which is linked to the performance of the underlying stock. This product pays a monthly income with an annualised rate of 13.75%. The coupons are paid regardless of the performance of the underlying asset.

Principal is at risk if the closing day

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here