Royal Bank of Canada is offering $1,627,000 Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of three underliers, due March 15, 2029. The Notes pay a contingent monthly coupon of $9.583 per $1,000 (an 11.50% annualized rate if payable) and may be automatically called if all three underliers close at or above their initial values on a Call Observation Date.
The Trade Date is March 12, 2026, Issue Date is March 17, 2026, and the Valuation Date is March 12, 2029. Coupon and barrier mechanics: Coupon Thresholds are 70% of each Initial Underlier Value and Barrier Values are 60% of each Initial Underlier Value. The initial estimated value is $994.91 per $1,000, while the public offering price is $1,000 per $1,000 (100.00%). Payments at maturity depend on the Final Underlier Value of the least performing underlier: if below the Barrier Value principal is reduced pro rata by the Underlier Return; if at or above the Barrier Value, principal is returned.
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 are sold at par (100.00% or $1,000 per $1,000 principal) with an underwriting discount of 1.00% (proceeds to the Bank: 99.00%).
Key terms: Trade Date March 20, 2026, Issue Date March 25, 2026, Valuation Date March 20, 2031, Maturity Date March 25, 2031. Contingent Coupon payable if monthly observation >= Coupon Threshold: $8.833 per $1,000 (equivalent to 10.60% per annum when payable). Coupon Threshold = 60% of the Initial Underlier Value; Barrier Value = 50% of the Initial Underlier Value. The Notes are automatically callable if the Underlier on a Call Observation Date is >= the Initial Underlier Value; if not called, maturity payment depends on Final Underlier Value and may result in substantial or total loss of principal if the Final Underlier Value is below the Barrier.
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.