By Angela McDaniels
Tacoma, Wash., April 1 - Deutsche Bank AG, London Branch priced $1.19 million of 0% alpha overlay securities due April 5, 2013 linked to the Deutsche Bank Fed Funds Total Return index and the Deutsche Bank Equity Mean Reversion Alpha index, according to a 424B2 filing with the Securities and Exchange Commission.
The basket level on any day equals 100 multiplied by the sum of one plus the Fed Funds index return on that day and two times the DB Emerald index return. The return of the DB Emerald index is reduced by an adjustment factor of 1.375% per year.
The payout at maturity will be par plus the basket return, which could be positive or negative.
The notes will be called at par plus the basket return if the basket level falls below 40.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Alpha overlay securities
|
| Underlying indexes: | Deutsche Bank Fed Funds Total Return and Deutsche Bank Equity Mean Reversion Alpha
|
| Amount: | $1,185,000
|
| Maturity: | April 5, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return
|
| Call: | At par plus basket return if basket level falls below 40
|
| Basket level: | On any day, 100 multiplied by sum of one plus Fed Funds index return on that day and two times DB Emerald index return; latter return is reduced by adjustment factor of 1.375% per year
|
| Initial index levels: | 171.3504 for Fed Funds and 198.76 for DB Emerald
|
| Pricing date: | March 30
|
| Settlement date: | April 6
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
| Cusip: | 2515A02Y8
|
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