RBC issues 70,000 warrants
RY•Royal Bank of Canada is issuing 70,000 cash-settled warrants on October 27, 2026, at USD 15.80 each. The warrants are linked to the NASDAQ 100 Index and iShares 20+ Year Treasury Bond ETF, with valuation scheduled for March 19, 2027.
1. Warrant terms
The warrants are subject to automatic exercise on the March 19, 2027 valuation date, subject to business-day adjustment, with settlement scheduled for March 29, 2027. The payout is zero if the ETF’s final closing price is below its USD 80.13 initial price; otherwise, it depends on whether the index’s final level falls below 90% of its maximum daily close during the observation period.
