INVESTMENT DESCRIPTION
A 5 year 2 week Plan linked to the performance of the FTSE 100 Index.
The Plan is constructed to offer a potential return of 9.15% p.a. If on any Quarterly observation date (including the Final Observation date), the Underlying index is between the upper and lower barrier levels income will be paid. For clarity, if on any annual observation date, the index is outside the range, no income will be received, and the plan continues until the next observation date.
CURRENCY GBP
STRIKE DATE 14/09/2023
ISIN XS2632529264
COUNTERPARTY Royal Bank of Canada
TYPE Note
RETURN & BARRIERS
Issuer: Royal Bank of Canada
Investment Term: 5 years 2 weeks
Payment Rate: 9.15% per annum
Upper Barrier: 128% of the Initial Strike Level
Lower Barrier: 73% of the Initial Strike Level
Capital Protection: 65% European barrier
MATURITY DATE
28/09/2028
