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Published on 10/29/2012 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $260,000 capped BUyS linked to equity basket

By Toni Weeks

San Diego, Oct. 29 - Deutsche Bank AG, London Branch priced $260,000 of 0% capped buffered underlying securities due Oct. 31, 2014 linked to a basket of equity indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the S&P 500 index and the Russell 2000 index.

The payout at maturity will be par plus double any basket gain, subject to a maximum return of 15%.

Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% decline beyond 10%.

Deutsche Bank Securities Inc. is the agent.

Issuer:Deutsche Bank AG, London Branch
Issue:Capped buffered underlying securities
Underlying basket:S&P 500 index and Russell 2000 index, equally weighted
Amount:$260,000
Maturity:Oct. 31, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any basket gain, capped at 15%; par if basket declines by 10% or less; 1% loss per 1% drop beyond 10%
Initial levels:1,411.94 for S&P 500, 813.25 for Russell
Pricing date:Oct. 26
Settlement date:Oct. 31
Agent:Deutsche Bank Securities Inc.
Fees:2.5%
Cusip:2515A1LV1

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