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Published on 8/1/2011 in the Prospect News Structured Products Daily.

Deutsche Bank plans market contribution securities linked to Liquid Commodity Apex 14 index

By Angela McDaniels

Tacoma, Wash., Aug. 1 - Deutsche Bank AG, London Branch plans to price 0% market contribution securities due Aug. 21, 2013 linked to the Deutsche Bank Liquid Commodity Apex 14 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, which could be positive or negative, minus an adjustment factor of 1.75% per year.

Because of the adjustment factor, the payout at maturity will be less than par if the index does not appreciate by at least 3.5% over the term of the securities.

The notes (Cusip: 2515A1AC5) are expected to price Aug. 16 and settle Aug. 19.

Deutsche Bank Securities Inc. is the agent.


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