By Marisa Wong
Madison, Wis., Oct. 25 - Deutsche Bank AG, London Branch, priced $1.3 million of 0% leveraged notes due Oct. 24, 2013 linked to the performance of a basket of three currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Brazilian real, the Indian rupee and the Chinese renminbi, all equally weighted.
If the basket return is positive, the payout at maturity will be par plus 155% of the basket gain. If the basket falls by 10% or less, investors will receive par plus the basket return. If the basket falls by more than 10%, investors will receive $900 per $1,000 principal amount.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Leveraged notes
|
| Underlying currencies: | Brazilian real, Indian rupee and Chinese renminbi, equally weighted and relative to the dollar
|
| Amount: | $1.3 million
|
| Maturity: | Oct. 24, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 155% of any basket gain; par plus basket return if return is between 0% and negative 10%; minimum payout of $900
|
| Initial exchange rates: | 1.7803 for real, 50.0670 for rupee, and 6.3628 for renminbi
|
| Pricing date: | Oct. 21
|
| Settlement date: | Oct. 26
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 1.5%
|
| Cusip: | 2515A1DW8
|
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