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Published on 12/17/2008 in the Prospect News Structured Products Daily.

Deutsche Bank to price performance tracking notes linked to DB Commodity Harvest - 10 index

By Jennifer Chiou

New York, Dec. 17 - Deutsche Bank AG, London Branch plans to price 0% performance tracking securities due Jan. 22, 2010 linked to the Deutsche Bank Commodity Harvest - 10 index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The index tracks an underlying index that employs a strategy involving long commodity futures contracts that are rolled based on maximizing implied roll yield and short commodity futures contracts on the same commodities that are rolled based on the nearest futures contract.

The securities will price on Dec. 22 and settle on Dec. 30.

For each $10.00 security, the redemption amount will be the percentage change in the index plus the change in the Deutsche Bank three-month T-Bill index, minus an adjustment factor of 1.65% per year.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. will be the underwriters.


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