Deutsche Bank renames 11 ETNs linked to DB Liquid Commodity index, subindexes

By Angela McDaniels

Tacoma, Wash., July 7 - Deutsche Bank AG, London Branch and Invesco PowerShares have renamed 11 recently listed exchange-traded notes linked to variations of the Deutsche Bank Liquid Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The ETNs due April 1, 2038 linked to the Deutsche Bank Liquid Commodity Index - Optimum Yield Agriculture are now known as PowerShares DB Agriculture Double Short ETN (NYSE Arca: AGA), PowerShares DB Agriculture Double Long ETN (NYSE Arca: DAG), PowerShares DB Agriculture Short ETN (NYSE Arca: ADZ) and PowerShares DB Agriculture Long ETN (NYSE Arca: AGF).

The ETNs due Feb. 15, 2038 linked to the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold are now known as PowerShares DB Gold Double Short ETN (NYSE Arca: DZZ), PowerShares DB Gold Double Long ETN (NYSE Arca: DGP) and PowerShares DB Gold Short ETN (NYSE Arca: DGZ).

The ETNs due April 1, 2038 linked to the Deutsche Bank Liquid Commodity index are now known as PowerShares DB Commodity Double Short ETN (NYSE Arca: DEE), PowerShares DB Commodity Double Long ETN (NYSE Arca: DYY), PowerShares DB Commodity Short ETN (NYSE Arca: DDP) and PowerShares DB Commodity Long ETN (NYSE Arca: DPU).

Previously, the names did not include "PowerShares."

The companies said the renaming is part of the expanded market agreement reached between them in May.

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