New Issue-RBC sells 146.3 bln yen in Samurai bonds

TOKYO, April 22 (Reuters) - The Royal Bank of Canada
(RY.TO: Quote, Profile, Research, Stock Buzz)(RY.N: Quote, Profile, Research, Stock Buzz) sold a total of 146.3 billion yen ($1.42 billion)
in Samurai bonds in three tranches on Tuesday, a source close to
the deal said.

Details are as follows:

1. 3-YEAR FIXED-RATE BOND:

Issue amount: 37.8 billion yen

Coupon: 1.77 percent

Issue price: par

Maturity date: April 26, 2011

Coupon payments: April 26, Oct. 26

Payment date: April 28, 2008

Lead managers: Daiwa Securities SMBC

Mizuho Securities

Nikko Citigroup

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AA- (S&P)

Spread: Libor+70 basis points

2. 5-YEAR FIXED-RATE BOND:

Issue amount: 28.3 billion yen

Coupon: 2.02 pct point

Issue price: par

Maturity date: April 26, 2013

Coupon payments: April 26, Oct. 26

Payment date: April 28, 2008

Lead managers: Daiwa Securities SMBC

Mizuho Securities

Nikko Citigroup

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AA- (S&P)

Spread: Libor+81 basis points

3. 5-YEAR FLOATING-RATE BOND:

Issue amount: 80.2 billion yen

Coupon: 81 basis points above 3-month yen Libor

Issue price: par

Maturity date: April 26, 2013

Coupon payments: Jan. 26, April 26, July 26, Oct. 26

Payment date: April 28, 2008

Lead managers: Daiwa Securities SMBC

Mizuho Securities

Nikko Citigroup

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AA- (S&P)

The Samurai bonds are yen bonds issued in Japan by
non-Japanese entities.

($1=103.20 yen)

(Reporting by Takefumi Ito and Naoyuki Katayama)