By Jennifer Chiou
New York, Oct. 11 -Deutsche Bank AG, London Branch priced $4 million of zero-coupon principal-protected Asia rainbow notes due Oct. 15, 2009 linked to a basket of currencies, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Australian dollar, Indian rupee, Korean won, Malaysian ringgit and Philippine peso.
The weightings will be determined by the performance of each currency relative to the U.S. dollar: 40% for the highest performance, 30% for the second highest performance, 20% for the third highest performance and 10% for the fourth highest performance. The lowest performance will not be counted.
At maturity, investors will receive par plus 166% of any basket gain. Investors will receive at least par.
Deutsche Bank Securities and Deutsche Bank Trust Co. Americas are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Principal-protected Asia rainbow notes
|
| Underlying currencies: | Australian dollar, Indian rupee, Korean won, Malaysian ringgit and Philippine peso; weightings determined by the performance of each currency relative to the U.S. dollar: 40% for the highest performance, 30% for the second highest performance, 20% for the third highest performance and 10% for the fourth highest performance; lowest performance will not be counted
|
| Amount: | $4 million
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| Maturity: | Oct. 15, 2009
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 166% of any basket gain; floor of par
|
| Pricing date: | Oct. 10
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| Settlement date: | Oct. 12
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| Agents: | Deutsche Bank Securities and Deutsche Bank Trust Co. Americas
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| Fees: | 1%
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