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TEXT-Fitch on D-Cap on Royal Bank of Canada mortgage covered bonds

Reuters: Financials

Thu, 14 Feb 2013

Feb 14 - Fitch Ratings' current Discontinuity Cap (D-Cap) on Royal Bank of Canada's (RBC, rated 'AA'/Stable/'F1+') mortgage covered bonds remains at '3' (moderate-high risk). The ratings of the bonds are also unchanged at this time. RBC was to have changed the program documents to provide for ...

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