To view this report in PDF, please click on the following link: http://www.rns-pdf.londonstockexchange.com/rns/5846Z_-2016-5-27.pdf RBC Covered Bond Programme Monthly Investor Report Calculation Date: 4/29/2016 This report contains information regarding assets pledged as security (the Cover Pool) in respect of the obligations under the Covered Bonds issued under RBC's Global Covered Bond Programme as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans in the Cover Pool will vary over time. Certain of the information set forth in this report, including credit bureau scores, current ratings and "The Teranet-National Bank House Price Index™" Methodology has been obtained from and is based upon sources believed by RBC and the Guarantor LP to be accurate, however, neither RBC nor the Guarantor LP makes any representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of such information or assumes any liability for any errors or any reliance you place on such information. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The information contained in this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security, which will be made only by a prospectus or otherwise in accordance with applicable securities laws. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose. THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE HOUSING CORPORATION (CMHC) NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS REPORT. THE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF. The Cover Pool is owned by RBC Covered Bond Guarantor Limited Partnership (Guarantor LP), which has no liabilities or claims outstanding against it other than those relating to the RBC Covered Bond Programme. Please click on the link below for additional information about the RBC Covered Bond Programme and the information contained herein. For the meaning of capitalized terms used and not otherwise defined in this report, click the following link and go to the Glossary tab in the Monthly Investor Report section: http://www.rbc.com/ investorrelations/f ixed_income/covered -bonds-terms.html In this report, currency amounts are stated in Canadian dollars ("$"), unless otherwise specified. Programme Information Outstanding Covered Bonds Initial C$ Final Series Principal Amount Translation Equivalent Maturity Interest Rate Rate Date(1) Basis Type CB2 € 1,250,000,000 1.5070000 $1,883,750,000 1/22/2018 4.625% Fixed C$/€ CB6 $1,100,000,000 N/A $1,100,000,000 3/30/2018 3.770% Fixed CB7 CHF 500,000,000 1.1149700 $557,485,000 4/21/2021 2.250% Fixed C$/CHF CB8 US$2,500,000,000 0.9762000 $2,440,500,000 9/19/2017 1.200% Fixed C$/US$ CB10 US$1,750,000,000 1.0368000 $1,814,400,000 7/22/2016 1.125% Fixed C$/US$ CB11 € 2,000,000,000 1.3650000 $2,730,000,000 8/4/2020 1.625% Fixed C$/€ CB12 AU$1,250,000,000 0.9334000 $1,166,750,000 8/9/2016 3 month Floating C$/AU$ BBSW +0.53% CB13 US$2,000,000,000 1.0300000 $2,060,000,000 10/1/2018 2.000% Fixed C$/US$ CB14 € 1,500,000,000 1.4175000 $2,126,250,000 10/29/201 1.250% Fixed C$/€ 8 CB15 € 1,000,000,000 1.4694000 $1,469,400,000 6/19/2019 0.750% Fixed C$/€ CB16 AU$750,000,000 1.0024000 $751,800,000 9/23/2019 3 month Floating C$/AU$ BBSW +0.57% CB17 US$1,750,000,000 1.0972000 $1,920,100,000 9/23/2019 2.200% Fixed C$/US$ CB18 US$2,000,000,000 1.2520000 $2,504,000,000 2/5/2020 1.875% Fixed C$/US$ CB19 $1,500,000,000 N/A $1,500,000,000 3/23/2020 3 month Floating BA +0.36% CB20 $700,000,000 N/A $700,000,000 3/23/2020 1.590% Fixed CB21 € 1,000,000,000 1.3870000 $1,387,000,000 6/17/2022 0.875% Fixed C$/€ CB22 € 279,500,000 1.4017000 $391,775,150 7/21/2031 1.652% Fixed C$/€ CB23 £400,000,000 1.9872000 $794,880,000 7/20/2018 3 month Floating C$/£ £ Libor +0.28% CB24 US$500,000,000 1.2986000 $649,300,000 7/23/2018 3 month Floating C$/US$ USD LIBOR +0.30% CB25 € 1,250,000,000 1.4899000 $1,862,375,000 12/16/202 0.500% Fixed C$/€ 0 CB26 US$1,750,000,000 1.3027000 $2,279,725,000 10/14/202 2.100% Fixed C$/US$ 0 CB27 € 410,500,000 1.4525000 $596,234,800 12/15/203 1.616% Fixed C$/€ 4 CB28 € 100,000,000 1.5370000 $153,700,000 1/14/2036 1.625% Fixed C$/€ CB29 £350,000,000 1.8915000 $662,025,000 3/11/2019 3 month Floating C$/£ £ Libor +0.50% CB30 € 1,500,000,000 1.4808000 $2,221,200,000 3/11/2021 0.125% Fixed C$/€ CB31 US$1,750,000,000 1.3266000 $2,321,550,000 3/22/2021 2.300% Fixed C$/US$ CB32 $2,000,000,000 N/A $2,000,000,000 4/26/2019 1.400% Fixed Total $40,044,199,950 OSFI $44,733,539,040 Covered Bond Limit Weighted 44.64 average maturity of Outstanding Covered Bonds (months) Weighted 28.25 average remaining term of Loans in Cover Pool (months) Series Moody's DBRS Fitch Ratings CB2 Aaa AAA AAA CB6 Aaa AAA AAA CB7 Aaa AAA AAA CB8 Aaa AAA AAA CB10 Aaa AAA AAA CB11 Aaa AAA AAA CB12 Aaa AAA AAA CB13 Aaa AAA AAA CB14 Aaa AAA AAA CB15 Aaa AAA AAA CB16 Aaa AAA AAA CB17 Aaa AAA AAA CB18 Aaa AAA AAA CB19 Aaa AAA AAA CB20 Aaa AAA AAA CB21 Aaa AAA AAA CB22 Aaa AAA AAA CB23 Aaa AAA AAA CB24 Aaa AAA AAA CB25 Aaa AAA AAA CB26 Aaa AAA AAA CB27 Aaa AAA AAA CB28 Aaa AAA AAA CB29 Aaa AAA AAA CB30 Aaa AAA AAA CB31 Aaa AAA AAA CB32 Aaa AAA AAA (1) An Extended Due for Payment Date twelve -months after the Final Maturity Date has been specified in the Final Terms of each Series. The Interest Basis specified in this report in respect of each Series applies until the Final Maturity Date for the relevant Series following which the floating rate of interest specified in the Final Terms of each Series is payable monthly in arrears from the Final Maturity Date to but excluding the Extended Due for Payment Date. RBC Covered Monthly Investor Report - April 29, 2016 Page 1 of 21 Bond Programme
Investor Report
| Source: Royal Bank of Canada