Deutsche Bank plans 0% market contribution notes linked to DB Liquid Commodity

By Laura Lutz

Des Moines, Nov. 9 - Deutsche Bank AG, London Branch plans to price an offering of zero-coupon market contribution securities due Nov. 19, 2012 linked to the Deutsche Bank Liquid Commodity Index - Mean Reversion Plus Total Return, according to an FWP filing with the Securities and Exchange Commission.

The index tracks the performance of investments in a small set of liquid commodities using variable weights for constituent assets to capture the mean-reverting properties of commodities.

The index is based on futures contracts for six commodities, including crude oil, heating oil, aluminum, gold, wheat and corn. It uses variable weights for this small set of liquid contracts to capture the mean-reverting properties of commodities.

The notes are expected to price on Nov. 13 and settle on Nov. 19.

At maturity, investors will receive par times a percentage equal to the index return at maturity minus an adjustment factor of 2% annually.

Investors will be able to force redemption of the notes on Nov. 20 of each year, with the payout calculated using the same formula as at maturity.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas will be the agents.

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