Deutsche Bank plans 0% securities linked to Deutsche Bank Balanced Currency Harvest index

By Laura Lutz

Des Moines, June 21 - Deutsche Bank AG, London Branch plans to price an issue of 0% principal-protected performance securities due June 29, 2009 linked to the Deutsche Bank Balanced Currency Harvest index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price on June 25 and settle on June 28.

The index is designed to capitalize on the trend that currencies associated with high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates.

If the return on the index is positive, investors will receive par plus 150% of the return on the index. Investors will receive at least par.

UBS Financial Services Inc. and Deutsche Bank Securities are the underwriters.

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