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FINANCIAL_SERVICESAPPROVED

Infrastructure and Corporate Services Committee Agenda December 2025

RBC joins City’s 2026–2031 fiscal agent syndicate

City of LondonRBC DOMINION SECURITIES INCDecember 8, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

RBC Dominion Securities Inc. will be part of the City’s fiscal agent syndicate under a 2026–2031 agreement to handle debenture underwriting and related advisory services. The City will pay transaction-based commissions for each bond issuance according to a fixed fee schedule.

Contract Details

Vendor

RBC DOMINION SECURITIES INC

Agency

City of London, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

December 8, 2025

Contract Term

January 1, 2026 – December 31, 2031

Renewal Date

2031-12-31

Renewal Info

Continuation of RBC’s role in the City’s debt syndicate under a new 2026–2031 agreement with 90-day termination rights and unchanged industry-standard commission structure.

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