Every 424B that ROYAL BK CDA QUEN PFD (RBMCF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow RBMCF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RBMCF filings page.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes have a Trade Date of March 18, 2026, an Issue Date of March 23, 2026 and a Maturity Date of March 22, 2029.
The notes pay a monthly contingent coupon equal to $8.208 per $1,000 principal (an annualized 9.85%) when each underlier is at or above a coupon threshold. The coupon threshold and barrier for each underlier equal 60% of its initial underlier value. The notes are auto-callable beginning on the sixth monthly observation; if called investors receive par plus the contingent coupon otherwise due. The public offering price is 100.00% with underwriting discounts of 1.00%, and the issuer proceeds equal 99.00%. The initial estimated value is expected to be between $930.00 and $980.00 per $1,000 principal amount.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Notes have a Trade Date of March 20, 2026, an Issue Date of March 25, 2026 and a stated maturity on March 25, 2031. If payable, the Contingent Coupon equals $7.083 per $1,000 principal (8.50% per annum). The Notes are auto-callable quarterly if the Underlier is at or above its Initial Underlier Value; automatic calls pay principal plus the then-due Contingent Coupon. The Coupon Threshold is 60% of the Initial Underlier Value and the Barrier Value is 50% of the Initial Underlier Value. At maturity, if the Final Underlier Value is below the Barrier Value, payment is reduced pro rata based on Underlier Return; investors could lose a substantial portion or all of principal. The Preliminary Pricing Supplement shows a public offering price of $1,000 per $1,000 principal amount, an underwriting discount of 3.625%, and an initial estimated value range of $870 to $920 per $1,000.
Royal Bank of Canada is offering $24,744,900 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® and the S&P 500® due March 15, 2029. The notes pay a contingent quarterly coupon of 11.40% per annum (2.85% per quarter) only if both underlyings meet coupon barriers, are automatically callable quarterly beginning six months after the trade date, and expose investors to full downside at maturity based on the least performing underlying (70% downside threshold).
The notes are senior unsecured obligations of the issuer, not exchange-listed, issued in $10 denominations, and are subject to the bank’s credit risk and an initial estimated value of $9.90 per note versus a public offering price of $10.00 per note.
Royal Bank of Canada is offering Stepdown Auto-Callable Barrier Notes linked to the least performing common stock of Apple, Microsoft and NVIDIA. The Trade Date is March 20, 2026, Issue Date March 25, 2026, Valuation Date March 20, 2029 and Maturity/Final Call Settlement Date March 23, 2029.
The Notes pay automatic call amounts annually if each Underlier meets tiered Call Values, yielding stated Call Settlement Amounts of $1,205, $1,410 or $1,615 per $1,000 principal. If not called, repayment depends on the Least Performing Underlier versus a Barrier equal to 50% of its Initial Underlier Value; principal can be reduced materially (down to zero) based on Underlier Return. Initial estimated value is disclosed as between $919.00 and $959.00 per $1,000.
Royal Bank of Canada is offering $41,508,580 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index, maturing on March 15, 2029. The notes pay a 9.00% per annum contingent coupon (paid quarterly) only if both Underlyings meet quarterly coupon barriers, are automatically callable on specified quarterly call observation dates beginning six months after the trade date, and repay principal at maturity only if the least performing index is at or above its 70% downside threshold; otherwise principal at maturity is reduced proportionately to that index’s negative return. Payments are subject to the Bank’s creditworthiness and the notes are not exchange‑listed.
Royal Bank of Canada offers Issuer Callable Contingent Coupon Buffer Notes linked to the Bloomberg US Large Cap VolMax Index, maturing on March 24, 2031. The Notes pay a contingent quarterly coupon of $30.625 per $1,000 (annualized 12.25%) when the Underlier equals or exceeds a Coupon Threshold set at 60% of the initial level, and provide a principal Buffer Percentage of 20% at maturity.
The Notes are issuer-callable beginning on the fourth quarterly Coupon Payment Date (first call date approximately March 24, 2027). If not called, maturity payout depends on the Final Underlier Value versus the Buffer Value (80% of the initial level). Trade Date is March 19, 2026, Issue Date is March 24, 2026. Public offering price is 100.00% of principal; underwriting discount is 0.25%, with proceeds to the issuer of 99.75%. The initial estimated value is expected to be between $920.00 and $970.00 per $1,000.
Royal Bank of Canada is offering Capped Return Buffer Notes linked to the S&P 500® Index maturing on March 22, 2027. The notes have a Participation Rate of 100%, a Maximum Return of 10.25% (maximum payment of $1,102.50 per $1,000) and a Buffer of 20% (Buffer Value 5,338.10, Initial Underlier Value 6,672.62). Issue Date is March 18, 2026 (Trade Date March 13, 2026; Strike Date March 12, 2026). If the Final Underlier Value is between the Initial and the Buffer Value, investors receive principal; if below the Buffer Value, losses equal Underlier Return plus the 20% buffer. Payments are subject to the Bank’s credit risk and other disclosed terms and risks.
Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to the lesser-performing of the VanEck® Semiconductor ETF and the SPDR® S&P® Oil & Gas Exploration & Production ETF. The Notes are issued at a public offering price of $1,000 per $1,000 principal amount, have an Issue Date of March 18, 2026, a Valuation Date of March 12, 2029 and a Maturity Date of March 15, 2029.
The Notes pay a quarterly Contingent Coupon of $40.00 per $1,000 (a 16.00% per annum rate) only when each Underlier meets its Coupon Threshold on observation dates. The Notes are auto-callable quarterly if both Underliers close at or above their Initial Underlier Values on a Call Observation Date; in that event investors receive par plus the then-due Contingent Coupon. At maturity, if not called, payment depends on the Final Underlier Value of the Least Performing Underlier relative to a Barrier equal to 60% of its Initial Underlier Value, which can result in significant loss of principal.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the least performing common stock of Broadcom Inc. and NVIDIA Corporation. The Notes have a Fixed Coupon of 11.00% per annum, monthly coupon payments, and quarterly call observation dates beginning September 10, 2026. The Trade Date is March 11, 2026, Issue Date March 16, 2026, Valuation Date and final Call Observation on March 12, 2029, and Maturity Date March 15, 2029.
If not called, at maturity investors receive $1,000 if the Least Performing Underlier’s Final Underlier Value is >= its Barrier (50% of initial); otherwise investors receive a number of shares of the Least Performing Underlier (physical delivery) equal to the disclosed Physical Delivery Amount. The initial estimated value was $970.06 per $1,000 principal amount versus the public offering price of par; underwriting discount is 2.50%.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing common stock of Apple, Lockheed Martin and Tesla. The offering price to the public is $2,327,000. The Notes pay a contingent quarterly coupon of $38.125 per $1,000 (equivalent to 15.25% per annum if payable) and are auto-callable if on any Call Observation Date every Underlier closes at or above its Initial Underlier Value. The Notes have a Barrier and Coupon Threshold equal to 50% of each Initial Underlier Value. Trade Date is March 11, 2026, Issue Date is March 16, 2026, Valuation Date is March 12, 2029 and Maturity Date is March 15, 2029. If not called, at maturity holders receive par if the Least Performing Underlier is at or above its Barrier; otherwise principal is reduced proportionally to the Underlier Return of the Least Performing Underlier. All payments are subject to the issuer's credit risk and the pricing supplement highlights material risks and tax uncertainties.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Buffer Notes linked to NVIDIA common stock. The offering totals $3,003,000 at a public offering price of 100.00% with proceeds to the Bank of 98.25%.
The Notes have a Trade Date of March 11, 2026, Issue Date March 16, 2026, Valuation Date March 13, 2028 and Maturity Date March 16, 2028. They include a single Call Observation Date on March 17, 2027 with a Call Settlement Date of March 22, 2027.
If called, investors receive $1,208.50 per $1,000 principal (120.85%). If not called, the Notes pay at maturity: participation of 125% on positive returns; a full return of principal for declines down to the Buffer Value equal to 80% of the Initial Underlier Value; and a buffered loss where losses beyond 20% reduce principal on a dollar-for-dollar basis. All payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due March 27, 2041. The Notes pay 5.10% annually, have an Issue Date of March 27, 2026 and annual interest payments beginning March 27, 2027. The issuer may redeem the Notes on any Call Date starting on March 27, 2031 with 10 business days' notice.
The public offering price will be between $970.00 and $1,000.00 per $1,000 principal amount; RBCCM may pay selling concessions of up to $30.00 per $1,000. The Notes are subject to Canadian bail-in powers and are treated as debt for U.S. federal income tax purposes per counsel opinion.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of six stocks: AMD, Broadcom, NVIDIA, Oracle, Palantir and Tesla. The notes have a Trade Date of March 12, 2026, an Issue Date of March 17, 2026 and a stated Maturity Date of March 15, 2029.
The notes pay $1,190 per $1,000 (119% of principal) if automatically called on the Call Observation Date and otherwise provide a 150% participation in positive Basket returns at maturity, subject to a Barrier Value of 70 (70% of the Initial Basket Value). If the Final Basket Value is below the Barrier, investors incur losses proportional to the Basket Return. The preliminary public offering price is 100.00% with underwriting discounts of 2.35% and estimated proceeds of 97.65%. The initial estimated value is stated between $902.50 and $952.50 per $1,000 principal amount.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Buffer Notes linked to the common stock of Amazon.com, Inc. The Notes have a $1,000 principal amount per note, a public offering price of 100.00%, an underwriting discount of 1.50%, and proceeds to the issuer of 98.50%.
The Trade Date is April 14, 2026, Issue Date April 17, 2026, Valuation Date May 14, 2027 and Maturity Date May 19, 2027. The Notes pay a contingent coupon of 7.00% per annum when the Underlier meets the Coupon Threshold and include a 25% downside buffer (Buffer Value = 75% of the Initial Underlier Value). If not called, maturity may result in physical delivery of Amazon shares (or cash) when the Final Underlier Value is below the Buffer Value, exposing investors to principal loss. The issuer states an initial estimated value of $921.00 to $971.00 per $1,000 on the Trade Date.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due March 31, 2033. The Notes pay 4.60% per annum semiannually, are issued on March 31, 2026, and are callable by the Bank on the Interest Payment Date scheduled for March 31, 2029 and each Interest Payment Date thereafter.
The Issue Price to certain investors may be between $982.50 and $1,000 per $1,000 principal amount. The Notes are subject to Canadian bail-in powers and will not be FDIC- or CDIC-insured; payments remain subject to the Bank's credit risk.
The Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to the S&P 500® Futures Excess Return Index. The Notes have a Trade Date of March 20, 2026, Issue Date March 25, 2026 and a stated maturity on March 25, 2031.
If the Notes are automatically called on the Call Observation Date, holders receive $1,140 per $1,000 principal (a 14% payoff). If not called, the Notes pay at maturity with a Participation Rate of 200%, a Buffer Percentage of 20% and a Downside Multiplier of 125% (1.25). The initial estimated value is expected between $930 and $980 per $1,000, which is lower than the public offering price. All payments remain subject to Royal Bank of Canada credit risk and the pricing supplement highlights liquidity, market-making, tax and conflict-of-interest risks.
Royal Bank of Canada offers principal-protected-at-buffer structured notes linked to the MSCI EAFE® Index. The issue aggregates $3,007,000 and each note has a $1,000 principal amount. Trade date is March 10, 2026, original issue (settlement) date March 13, 2026, determination date May 10, 2028, and stated maturity date May 12, 2028.
The notes pay no interest and the cash settlement at maturity depends on the underlier return versus the initial underlier level of 2,990.05. Key terms: Upside participation rate 160%, Cap level 121.00% (maximum settlement $1,336.00 per $1,000), and a Buffer level of 85.00% (buffer amount 15.00%). The initial estimated value is $996.14 per $1,000. The notes are unsecured senior debt, not listed, not redeemable prior to maturity and subject to the issuer’s credit risk.
Royal Bank of Canada is offering Buffer Digital Notes linked to the least performing share of Salesforce, ServiceNow and Oracle. The notes pay a $1,000 principal at maturity adjusted by either a 43% Digital Return if the Final Underlier Value of the Least Performing Underlier is greater than or equal to its Buffer Value, or by the Least Performing Underlier Return plus a 20% Buffer Percentage if that Final Underlier Value is below the Buffer Value.
The Trade Date is March 18, 2026, Issue Date March 23, 2026, Valuation Date April 19, 2027 and Maturity Date April 22, 2027. The initial estimated value is expected to be between $904.00 and $954.00 per $1,000 principal amount. Payments are subject to the issuer’s credit risk and the Notes are not FDIC- or CDIC-insured.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes (CUSIP 78014RT91) due March 13, 2031 with an interest rate of 4.10% per annum, payable semiannually beginning September 13, 2026. The public offering price is 100.00% totaling $1,206,000; underwriting discounts are 0.95% ($11,457) and proceeds to the Bank are 99.05% ($1,194,543).
The Notes are callable at the issuer's option on any Call Date beginning on the Interest Payment Date scheduled for September 13, 2027, and are redeemable in whole but not in part upon at least 10 business days' prior written notice. All payments are subject to the Bank's credit risk and the Notes are bail-inable under Canadian law per the CDIC Act, meaning a bail-in conversion into common shares may occur under specified conditions.
Royal Bank of Canada is offering redeemable fixed rate notes with a 5.15% annual interest rate and a scheduled maturity on March 13, 2046. The notes pay interest annually and are callable by the issuer on the March 13, 2029 interest date and each interest date thereafter upon 10 business days' notice.
The offering lists a public offering amount of $1,155,000 (public price = 100.00%) with underwriting discounts of 2.17%. Payments on the notes are subject to Royal Bank of Canada's credit risk and the notes are subject to Canadian bail-in powers under the CDIC Act, including potential conversion into common shares.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes with Memory Coupon linked to Vertiv Holdings Co Class A common stock. The Notes pay a quarterly Contingent Coupon of $43.75 per $1,000 (corresponding to 4.375% per quarter or 17.50% per annum) when the Underlier meets the Coupon Threshold and include a memory feature for missed coupons.
Key terms include an Initial Underlier Value of $270.06, a Coupon Threshold and Buffer Value equal to 65% of that initial level ($175.54), a Buffer Percentage of 35%, a Downside Multiplier of approximately 1.53846, a Trade Date of March 10, 2026, Issue Date of March 13, 2026, Valuation Date of September 10, 2027 and Maturity Date of September 15, 2027.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with a total public offering price of $1,738,000. The Notes pay a 2.875% quarterly contingent coupon (11.50% per annum) when each underlier meets a 70% Coupon Threshold, reference the Nasdaq-100, Russell 2000 and S&P 500, and mature on March 15, 2029. The Notes may be automatically called quarterly if all underliers close at or above their initial values on a Call Observation Date; if not called, principal at maturity depends on the least performing underlier relative to its 70% Barrier. The initial estimated value is $976.27 per $1,000 principal amount; all payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering $250,000 of Auto-Callable Contingent Coupon Geared Buffer Notes linked to Vertiv Holdings Co Class A common stock. The Notes (Trade Date March 10, 2026, Issue Date March 13, 2026, Maturity Date September 15, 2027) pay a contingent quarterly coupon of $35.625 per $1,000 (annualized 14.25%) when the Underlier is at or above the 65% Coupon Threshold on observation dates. The structure features an automatic call if the Underlier equals or exceeds the Initial Underlier Value on any Call Observation Date, return of principal at maturity if the Final Underlier Value is at or above the Buffer Value (65% of the Initial Underlier Value), and a buffered downside with a 35% buffer and a downside multiplier of approximately 153.846%. Payments are subject to the Banks credit risk; the initial estimated value is $958.53 per $1,000, below the public offering price.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck® Semiconductor ETF (SMH) and the EURO STOXX® Banks Index (SX7E). The Notes have a Trade Date of March 12, 2026, Issue Date March 17, 2026, and a Maturity/Valuation on March 15, 2029/March 12, 2029. Investors may receive a Contingent Coupon of $45.00 per $1,000 principal (a 4.50% quarterly rate; 18.00% per annum) only if each Underlier is at or above its 65% Coupon Threshold on observation dates. The Notes may be automatically called early if both Underliers are at or above their Initial Underlier Values on a Call Observation Date; called investors receive principal plus the then-due Contingent Coupon. If not called, repayment at maturity depends on the Final Underlier Value of the least performing Underlier relative to its Barrier (65% of Initial); a Final Underlier Value below the Barrier causes principal loss equal to the Underlier Return. Public offering price is $1,000 per $1,000 with an underwriting discount of 1.00%; the issuer’s initial estimated value is expected between $900 and $950 per $1,000. All payments are subject to Royal Bank of Canada credit risk and the Notes involve substantial risks outlined in the pricing supplement.
Royal Bank of Canada is offering Fixed Coupon Barrier Notes linked to NVIDIA Corporation common stock. The Notes pay a quarterly Fixed Coupon of $28.375 per $1,000 (an annualized 11.35%), have a Trade Date of March 24, 2026, Issue Date March 27, 2026, Valuation Date March 24, 2027 and Maturity Date March 30, 2027. If the Final Underlier Value is at or above a Barrier of 60% of the Initial Underlier Value, holders receive principal; if below, holders receive a physical delivery of NVDA shares equal to $1,000 divided by the Initial Underlier Value, which could be worth significantly less than principal. The initial estimated value is expected between $932.00 and $982.00 per $1,000 and the public offering price is 100% (proceeds 99%). All payments are subject to RBC credit risk.
Royal Bank of Canada is offering Issuer Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the common stock of Apollo Global Management, Inc. The Notes pay a contingent quarterly coupon of $33.50 per $1,000 (equivalent to 3.35% per quarter / 13.40% per year) if the Underlier meets the Coupon Threshold on observation dates.
The Notes have a Call Feature exercisable by the issuer on quarterly Call Dates. The Barrier and Coupon Threshold are 50% of the Initial Underlier Value. If not called and the Final Underlier Value is below the Barrier, holders receive a Physical Delivery Amount of Apollo shares equal to $1,000 divided by the Initial Underlier Value (fractional shares cash‑settled). Trade Date is March 13, 2026, Issue Date March 18, 2026, and Maturity Date March 16, 2028. All payments are subject to RBC credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Dow Jones Industrial Average®, the Nikkei 225 and the EURO STOXX 50. The offering lists a Total Price to public of $1,610,000 and a minimum investment of $1,000. The Trade Date is March 9, 2026, Issue Date March 12, 2026, Valuation Date September 9, 2027 and Maturity Date September 14, 2027.
The Notes pay a monthly Contingent Coupon of $8.542 per $1,000 (stated annualized rate 10.25%) only if each Underlier is at or above its monthly Coupon Threshold; they are auto‑callable on monthly Call Observation Dates if each Underlier is at or above its Initial Underlier Value. At maturity, if not called, investors receive either par or a principal loss equal to the Underlier Return of the Least Performing Underlier if that Underlier is below its Barrier (70% of initial). All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering $590,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the Bloomberg US Small Cap VolMax Index. The Notes pay a $26.00 contingent coupon per $1,000 (a 2.60% quarterly rate / 10.40% annualized) when observation conditions are met. The Notes may be auto‑called on quarterly Call Observation Dates if the Underlier is at or above the Initial Underlier Value; the Barrier and Coupon Threshold equal 60% of the Initial Underlier Value (Barrier = 677.57). Key dates: Strike Date March 5, 2026, Trade Date March 9, 2026, Issue Date March 12, 2026, Valuation Date March 5, 2031, Maturity Date March 10, 2031. Payment at maturity depends on the Final Underlier Value relative to the Barrier: full principal if at or above Barrier; otherwise a pro rata loss equal to the Underlier Return. Public offering price is 100.00% (subject to underwriting discount 3.50%); initial estimated value was $908.15 per $1,000. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering $600,000 in Auto-Callable Contingent Coupon Geared Buffer Notes with Memory Coupon linked to the common stock of Blackstone Inc. The Notes have a Contingent Coupon of $591.75 per $10,000 if observation conditions are met, an 80% Coupon Threshold/Buffer, quarterly observation/payment dates, and an automatic call if the Underlier is at or above the Initial Underlier Value on a Call Observation Date.
If not called, at maturity investors receive $10,000 if the Final Underlier Value is at or above the Buffer; if below the Buffer they receive a physical delivery of shares equal to $10,000 divided by the Buffer Value. Payments are subject to the Bank’s credit risk and U.S. federal tax characterizations may be uncertain.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes have a Trade Date of March 25, 2026, Issue Date March 30, 2026, a Valuation Date of March 27, 2028 and Maturity Date March 30, 2028. Investors may receive a monthly contingent coupon of $8.625 per $1,000 (a stated annualized rate of 10.35%) if observation conditions are met. The Notes are automatically called if both underliers close at or above their initial values on a Call Observation Date; called investors receive principal plus the contingent coupon otherwise due. At maturity, if not called, full principal is returned only if the least performing underlier is at or above its Barrier (70% of initial value); if below the Barrier, repayment equals $1,000 plus the underlier return, which can result in substantial loss of principal. The public offering price is par with an underwriting discount of 0.75%, referral fees and selling concessions may apply, and the initial estimated value is stated to be between $932.50 and $982.50 per $1,000. All payments are subject to Royal Bank of Canada credit risk; consult the listed risk sections and advisers before investing.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the lesser-performing share of Blackstone Inc. and United Airlines Holdings, Inc., sold at par per $1,000 principal amount. The Notes pay a monthly Fixed Coupon equal to $10.917 per $1,000 (a stated 13.10% per annum), may be automatically called on monthly Call Observation Dates, and mature on March 22, 2029 with a Valuation Date of March 19, 2029. Each Underlier has a Barrier Value equal to 50% of its Initial Underlier Value; if the Least Performing Underlier is below its Barrier at maturity investors receive a number of shares of that Underlier (which could be worth significantly less than principal). The initial estimated value is stated as between $881.00 and $931.00 per $1,000 principal amount, less than the public offering price. All payments are subject to Royal Bank of Canada credit risk and the Notes are not FDIC- or CDIC-insured.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The Trade Date is March 13, 2026, Issue Date March 18, 2026, Valuation Date March 13, 2029, and Maturity Date March 16, 2029. The notes pay quarterly contingent coupons if each underlier meets its coupon threshold and are callable if all underliers are at or above their initial values on a call observation date. At maturity, if the least performing underlier is below its 75% barrier, principal is reduced pro rata by the underlier return. The initial estimated value is expected between $905.00 and $955.00 per $1,000 principal amount; public offering price reflects a 2.00% underwriting discount and proceeds to RBC of 98.00%.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the least performing common stock of Qualcomm (QCOM) and United Airlines Holdings (UAL). The Notes have a Fixed Coupon of 12.00% per annum (1.00% monthly) and a par of $1,000 per Note.
Key dates: Trade Date March 17, 2026, Issue Date March 20, 2026, Valuation Date March 19, 2029, Maturity Date March 22, 2029. Notes may be auto‑called on monthly Call Observation Dates beginning September 17, 2026. The Barrier equals 50% of each Initial Underlier Value; if the Least Performing Underlier finishes below the Barrier at maturity, investors receive shares of that Underlier per the Physical Delivery Amount.
The public offering price is 100.00%, underwriting discount is 2.50%, and RBC estimates an initial value between $890.00 and $940.00 per $1,000 principal amount. The Notes are unsecured obligations of the Bank and subject to its credit risk. The offering involves tax uncertainty and multiple structural risks described in the Selected Risk Considerations.
Royal Bank of Canada is offering Contingent Income Auto-Callable Securities due March 9, 2029 linked to the common stock of Citigroup Inc. The offering totals $11,548,000 (stated principal $1,000 per security) with a contingent quarterly coupon of $26.50 (2.65% per quarter; 10.60% per annum), a pricing date of March 6, 2026 and original issue date March 11, 2026. Coupons are payable only when the underlier closing value on a determination date is ≥ the downside threshold ($63.92, 60% of the initial underlier value of $106.53). If a determination date (other than the final) shows the underlier ≥ redemption threshold (100% of initial value), the securities auto‑redeem at the stated principal plus the contingent coupon. At maturity, if the final underlier value is below the downside threshold, payment equals stated principal × (final/initial) and can be less than 60% of principal and possibly zero. All payments are subject to the credit risk of Royal Bank of Canada.
Royal Bank of Canada is offering two separate Trigger Autocallable Contingent Yield Notes: $3,456,800 linked to Boston Scientific common stock and $2,879,000 linked to General Electric common stock. Each Note pays a 9.00% per annum contingent quarterly coupon if the Underlying closes at or above the Coupon Barrier on each Coupon Observation Date and is automatically callable on a quarterly Call Observation Date beginning six months after the Trade Date. The Notes mature on March 9, 2029 with a Final Valuation Date of March 6, 2029. If not called, full principal is repaid at maturity only if the Final Underlying Value is at or above the Downside Threshold; otherwise repayment is reduced proportionally to the negative Underlying Return and investors may lose up to 100% of principal. Payments are subject to the Bank’s creditworthiness and the Notes will not be listed on any exchange.
Royal Bank of Canada is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® and the S&P 500®, maturing on or about March 15, 2029. The Notes pay a quarterly contingent coupon (Contingent Coupon Rate to be set on the Trade Date, indicated at 11.40% to 12.00% per annum) only if each underlying meets its Coupon Barrier on the Coupon Observation Dates.
The Notes are automatically callable on quarterly Call Observation Dates beginning six months after the Trade Date if both underlyings are at or above their Initial Underlying Values; if called you receive $10 principal plus the applicable contingent coupon. If not called, repayment at maturity depends on the Least Performing Underlying relative to its Downside Threshold (70% of Initial Underlying Value) and may result in a pro rata loss of principal up to 100%. Payments are subject to Royal Bank of Canada’s creditworthiness. Minimum denomination is $10 (minimum investment $1,000).
Royal Bank of Canada is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The notes have a $10 principal per note, trade date March 11, 2026, settlement March 16, 2026, and maturity on or about March 15, 2029. The Contingent Coupon Rate will be set on the Trade Date in the range of 9.00% to 9.60% per annum, paid quarterly if both Underlyings meet their Coupon Barriers (each set at 70% of its Initial Underlying Value). The notes are automatically callable on quarterly Call Observation Dates beginning six months after the Trade Date if both Underlyings are at or above their Initial Underlying Values. If not called, repayment at maturity depends on the Final Underlying Value of the Least Performing Underlying: if below the 70% Downside Threshold, repayment will be reduced proportionally and investors can lose up to 100% of principal. Payments are subject to Royal Bank of Canada credit risk and the notes will not be listed on an exchange.
Royal Bank of Canada is offering $2,160,000 principal amount of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of Blackstone Inc. and Microsoft Corporation, due March 9, 2028. The notes pay quarterly contingent coupons of $42.875 per $1,000 (annualized 17.15%) when both underliers meet coupon thresholds and are callable beginning on the fourth quarterly observation date. At maturity, if not called, principal is repaid in cash or tied to the percentage return of the least performing underlier versus its initial value, with a barrier set at 60% of the initial underlier values; downside can result in substantial or total loss of principal. All payments are subject to the issuer's credit risk and U.S. federal tax characterization discussed in the supplement.
Royal Bank of Canada is offering $2,000,000 of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the common stock of Caterpillar Inc. (the Underlier). The public offering price is 100.00% and proceeds to the Bank are $1,980,000.
The Notes reference an Initial Underlier Value of $710.23 (Strike Date), a Coupon Threshold and Barrier equal to 50% of that value (stated as $355.12), a Contingent Coupon of $26.175 per $1,000 if observation criteria are met, Trade Date March 6, 2026, Issue Date March 11, 2026, Valuation Date March 18, 2027 and Maturity Date March 23, 2027. The initial estimated value was $980.04 per $1,000.
Royal Bank of Canada is offering $5,000,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500.
The Notes trade on the Trade Date March 6, 2026, issue on March 11, 2026 and mature on March 9, 2029. They pay a quarterly contingent coupon of $32.125 per $1,000 principal (an annualized rate of 12.85%) when each underlier meets its coupon threshold. The Notes are auto-callable on quarterly call observation dates if each underlier is at or above its initial value; if not called, principal protection is conditional: full principal is returned at maturity only if the least performing underlier is at or above its 80% barrier, otherwise principal is reduced pro rata by the underlier return. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering $2,153,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due March 11, 2030. The notes pay a contingent quarterly coupon of 2.5875% (annualized 10.35%) if each underlier is at or above a 70% threshold on observation dates and are auto-called when all three underliers are at or above their initial values on a call observation date.
The notes return $1,000 at maturity if the least performing underlier is at or above its 60% barrier; if below the barrier the payoff equals $1,000 × Underlier Return, which can result in substantial principal loss. The public offering price is 100.00% and the issuer’s initial estimated value is $977.43 per $1,000 principal amount.
Royal Bank of Canada is offering $1,494,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index, with a Trade Date of March 6, 2026, Issue Date March 11, 2026, Valuation Date September 6, 2028 and Maturity Date September 11, 2028. The Notes pay a contingent monthly coupon of $10.00 per $1,000 (equivalent to 12.00% per annum if paid) and are auto‑callable on specified observation dates if the Underlier is at or above its initial level. At maturity investors receive principal if the Final Underlier Value is at or above the Barrier Value (70% of the Initial Underlier Value); if below the Barrier Value, repayment equals principal adjusted by the Underlier Return, which can result in substantial principal loss. All payments are subject to Royal Bank of Canada credit risk and tax treatment described in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Caterpillar Inc. (the "Underlier"). The aggregate public offering amount is $446,000 and the Notes pay a contingent monthly coupon of $8.333 per $1,000 (a stated 10.00% per annum) when the Underlier meets the monthly coupon threshold.
The Notes have a Trade Date of March 6, 2026, Issue Date March 11, 2026, Valuation Date April 6, 2027 and Maturity Date April 9, 2027. If not auto-called, principal is repaid in cash when the Final Underlier Value is at or above the Barrier Value (60% of the Initial Underlier Value); if below, holders receive a physical delivery of CAT shares equal to 1.4686 shares per $1,000 notional, which can result in substantial principal loss.
Royal Bank of Canada is offering Auto‑Callable Contingent Coupon Barrier Notes linked to the common stock of Microsoft Corporation as the Underlier. The notes have a Trade Date of March 20, 2026, an Issue Date of March 25, 2026, a Valuation Date of September 20, 2027 and a Maturity Date of September 23, 2027.
If payable, the Contingent Coupon equals $23.75 per $1,000 (a 2.375% quarterly rate; 9.50% annualized). The Notes are automatically called if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date; called holders receive $1,000 plus the Contingent Coupon otherwise due. At maturity (if not called), holders receive $1,000 if the Final Underlier Value is at or above the Barrier Value (60% of the Initial Underlier Value), but will receive $1,000×(1+Underlier Return) if the Final Underlier Value is below the Barrier Value, which can result in substantial principal loss. The public offering price is 100.00% with underwriting discounts of 1.00%, and the initial estimated value is expected between $927.00 and $977.00 per $1,000.
Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck® Semiconductor ETF and the EURO STOXX® Banks Index. The Notes pay a contingent quarterly coupon of $45.25 per $1,000 (annualized 18.10%) if each underlier meets a 65% coupon threshold on observation dates. The Strike Date is March 5, 2026, Issue Date March 11, 2026, Valuation Date March 5, 2029 and Maturity Date March 8, 2029. If not called, principal at maturity depends on the Final Underlier Value of the least performing underlier versus its 65% barrier; losses of principal are possible. Initial estimated value was $953.91 per $1,000 and the public offering price is $1,000 per $1,000. All payments are subject to the issuer's credit risk and the pricing supplement references associated prospectus and product supplements.
Royal Bank of Canada is offering $220,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Amazon.com, Inc., maturing on March 9, 2029.
The notes pay a contingent quarterly coupon of $34.125 per $1,000 (equivalent to 13.65% annually) when the closing stock value is at or above the coupon threshold. The Initial Underlier Value is $213.21 and the Barrier Value is 70% of that ($149.25). Notes will be automatically called on a Call Settlement Date if the Underlier is at or above the Initial Underlier Value on a Call Observation Date; if not called, principal repayment at maturity depends on the Final Underlier Value, and investors can lose a substantial portion or all of principal if the Final Underlier Value is below the Barrier Value.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to an equally weighted basket of BAC, COF, MS and WFC common stock. The pricing supplement shows a total public offering price of $1,000,000 and a per-note principal amount of $1,000.
The Notes have a Trade Date of March 6, 2026, an Issue Date of March 11, 2026, a Valuation Date of March 6, 2028 and a Maturity Date of March 9, 2028. If automatically called after the Call Observation Date (March 18, 2027), each $1,000 principal will pay $1,180 (118%). If not called, maturity payouts depend on the Participation Rate of 125%, a Buffer of 15% (Buffer Value = 85%) and a Downside Multiplier of approximately 117.647%.
Royal Bank of Canada is offering $779,000 of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of the Nasdaq-100 Technology Sector, the Russell 2000 and the S&P 500. The Trade Date is March 6, 2026, Issue Date March 11, 2026, Valuation Date March 6, 2029 and Maturity Date March 9, 2029.
The Notes pay a Contingent Coupon of $7.542 per $1,000 monthly (equivalent to 9.05% per annum) when each Underlier is at or above its 60% Coupon Threshold on the relevant observation date. The Notes are auto‑callable beginning on the September 8, 2026 Call Observation Date if all Underliers are at or above their Initial Underlier Values; a call pays par plus any due Contingent Coupon(s). At maturity, if not called, investors receive par if the least performing Underlier is at or above its Barrier (60% of initial); if below the Barrier, principal is reduced pro rata by the Underlier Return of the least performing Underlier, potentially resulting in substantial loss of principal.
The public offering price is 100.00% ($1,000 per $1,000) with underwriting discounts of 0.50% (aggregate $3,895) and proceeds to the Bank of 99.50% ($775,105). The initial estimated value determined by the issuer is $979.61 per $1,000, below the public offering price. All payments are subject to the issuer’s credit risk and the tax and risk disclosures set forth in the pricing supplement and referenced supplements.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Apple Inc. The Notes have a Trade Date of March 20, 2026, Issue Date March 25, 2026, and maturity on September 23, 2027. If payable, the Contingent Coupon is $27.50 per $1,000 (2.75% per quarter, 11.00% per annum). The Barrier Value and Coupon Threshold are 70% of the Initial Underlier Value; automatic calls occur if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date. At maturity, if the Final Underlier Value is below the Barrier Value, principal is reduced by the Underlier Return. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Apple Inc. The Notes pay a Contingent Coupon of $22.50 per $1,000 (2.25% quarterly; 9.00% p.a.), are callable on quarterly observation dates, and use a Barrier equal to 70% of the Initial Underlier Value. Trade Date is March 20, 2026, Issue Date March 25, 2026, Valuation Date September 20, 2027 and Maturity Date September 23, 2027. If not called, maturity payments return principal when the Final Underlier Value is at or above the Barrier; otherwise investors receive an amount equal to principal adjusted by the Underlier Return and may lose a substantial portion or all principal. The public offering price is 100.00% with underwriting discounts of 1.875%. The initial estimated value is expected between $915.00 and $965.00 per $1,000. All payments are subject to Royal Bank of Canada credit risk.