By Jennifer Chiou
New York, May 29 - Deutsche Bank AG, London Branch priced $19.48 million of 0% principal protection notes due May 28, 2010 linked to the appreciation of a basket of currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services Inc. and Deutsche Bank Securities are the underwriters.
The basket contains equal weights of the Indonesian rupiah, the Indian rupee, the Malaysian ringgit and the Philippine peso, each against the dollar.
Payout at maturity will be par plus any gain on the basket times a participation rate of 210%.
Investors will receive at least par.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Principal protection notes
|
| Underlying currencies: | Equal weights of the Indonesian rupiah, the Indian rupee, the Malaysian ringgit and the Philippine peso, each against the dollar
|
| Amount: | $19,477,760
|
| Maturity: | May 28, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain times a 210% participation rate; floor of par
|
| Pricing date: | May 27
|
| Settlement date: | May 30
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities
|
| Fees: | 2%
|
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