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Published on 12/4/2007 in the Prospect News Structured Products Daily.

Deutsche Bank plans principal protection notes linked to DB Currency Returns

By Laura Lutz

Des Moines, Dec. 4 - Deutsche Bank AG, London Branch plans to price zero-coupon 100% principal-protected notes due Dec. 13, 2010 linked to the Deutsche Bank Currency Returns index, according to an FWP filing with the Securities and Exchange Commission.

The Deutsche Bank Currency Returns index reflects equally weighted investments in the Deutsche Bank Carry index, the Deutsche Bank Momentum index and the Deutsche Bank Valuation index.

The payout at maturity will be par plus any gain on the index times a participation rate that will be between 190% and 210%. The exact participation rate will be set at pricing.

Investors will receive at least par.

The notes are expected to price Dec. 6 and settle Dec. 13.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the underwriters.


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