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Published on 10/25/2011 in the Prospect News Structured Products Daily.

Deutsche Bank plans one-year market contribution notes linked to Liquid Commodity Apex 14 index

By Susanna Moon

Chicago, Oct. 25 - Deutsche Bank AG, London Branch plans to price 0% market contribution securities due Nov. 5, 2012 linked to the Deutsche Bank Liquid Commodity Apex 14 Index Total Return, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, minus an adjustment factor of 0.25% plus 0.75% per year.

Investors will be exposed to any losses.

The notes are putable at par plus the index return less the adjustment factor.

The index seeks to achieve a target volatility of 14% in its base index, Deutsche Bank Liquid Commodity Apex 14 Index, which is designed to reflect the performance of a basket of three underlying commodity indexes - the Deutsche Bank Liquid Commodity Mean Reversion Enhanced index, the Deutsche Bank Liquid Commodity Momentum index and the Deutsche Bank Commodity Leveraged Harvest index - weighted according to a dynamic allocation strategy.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Oct. 28 and settle on Nov. 2.

The Cusip is 2515A1E64.


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