Investor Report
RBC Covered Bond Programme Monthly Investor ReportCalculation Date: 3/31/2020 This report contains informationregarding assets pledged assecurity (the Cover Pool) inrespect of the obligations underthe Covered Bonds issued underRBC's Global Covered BondProgramme as of the indicatedCalculation Date. The compositionof the Cover Pool will change asLoans are added and removed fromthe Cover Pool from time to timeand, accordingly, thecharacteristics and performanceof the Loans in the Cover Poolwill vary over time. Certain ofthe