DBRS Discontinues RBC TruCS – Series 2011 Rating due to Redemption

DBRS has today discontinued the rating for the Trust Capital Securities, Series 2011 issued by RBC Capital Trust as the securities were redeemed on June 30, 2011.

Notes:
The principal methodologies applicable are the Global Methodology for Rating Banks and Banking Organisations (January 14, 2010), Rating Bank Preferred Shares and Equivalent Hybrids (June 29, 2009) and Enhanced Methodology for Bank Ratings – Intrinsic and Support Assessments (February 11, 2009), which can be found on www.dbrs.com.

The sources of information used for this rating include information provided by Royal Bank of Canada. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

Lead Analyst: Brenda Lum
Rating Committee Chair: Brenda Lum
Initial Rating Date: June 30, 2000
Most Recent Rating Update: September 13, 2010

For additional information on this rating, please see Banks and Banking Organisations Linking Document by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.