Deutsche Bank to price BUyS linked to Deutsche Bank Balanced Currency Harvest Index

By E. Janene Geiss

Philadelphia, March 5 - Deutsche Bank AG, London Branch plans to price 0% Buffered Underlying Securities (BUyS) expected to mature Sept. 28, 2011 linked to the Deutsche Bank Balanced Currency Harvest Index, according to an FWP filing with the Securities and Exchange Commission.

The index is designed to capitalize on the trend that currencies associated with high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates.

The payout at maturity will be par plus 100% to 120% of any index gain with the exact participation rate set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for each 1% decline beyond 10%.

The securities are expected to price on March 26 and settle on March 28.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.