Deutsche Bank plans market contribution notes tied to Commodity Booster

By Angela McDaniels

Tacoma, Wash., May 12 - Deutsche Bank AG, London Branch plans to price 0% market contribution securities due July 26, 2012 linked to the Deutsche Bank Commodity Booster - Dow Jones - UBS Total Return After Cost TV 14 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return minus the adjustment factor, which is a flat 0.25% plus an additional 1% per year.

The index uses an allocation strategy that seeks to maintain a target volatility of 14% in the Deutsche Bank Commodity Booster - Dow Jones - UBS Excess Return After Cost index. The base index seeks to outperform the Dow Jones - UBS Commodity index by selecting constituent commodity futures contracts using the optimum roll yield strategy of the Deutsche Bank Liquid Commodity Index - Optimum Yield and, at the time of each annual re-weighting, assigning them the same weights as those commodity futures contracts have in the Dow Jones - UBS Commodity index.

The notes (Cusip: 2515A16Q9) are expected to price May 23 and settle May 26.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.