Deutsche Bank plans principal protection notes linked to DB Currency Returns

By Laura Lutz

Des Moines, Aug. 31 - Deutsche Bank AG, London Branch plans to price an issue of zero-coupon 100% principal protection notes due Sept. 30, 2010 linked to the Deutsche Bank Currency Returns index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price Sept. 25 and settle Sept. 28.

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 210% and 230%. The exact participation rate will be set at pricing.

Investors will receive at least par.

UBS Financial Services Inc. and Deutsche Bank Securities are the underwriters.

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