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Published on 2/25/2010 in the Prospect News Structured Products Daily.

Deutsche Bank plans 90% protected notes tied to DB Commodity Booster - Dow Jones - UBS 14 TV

By Angela McDaniels

Tacoma, Wash., Feb. 25 - Deutsche Bank AG, London Branch plans to price zero-coupon 90% principal-protected notes due March 1, 2013 linked to the Deutsche Bank Commodity Booster - Dow Jones - UBS 14 TV Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be 90% of par plus any index gain. If the index declines, investors will receive 90% of par.

The index seeks to achieve a 14% target volatility level in the Deutsche Bank Commodity Booster - Dow Jones - UBS index based on the realized volatility of the base index over a defined period. The base index represents a long commodity exposure and seeks to outperform the Dow Jones - UBS Commodity index by selecting constituent commodity futures contracts using the futures contract rolling methodology of the Deutsche Bank Liquid Commodity Index - Optimum Yield.

The notes are expected to price Feb. 26 and settle March 3.

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


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