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Published on 10/16/2009 in the Prospect News Structured Products Daily.

Deutsche plans BUyS tied to Deutsche Bank Commodity Booster-Dow Jones-UBS 14 TV index

By Jennifer Chiou

New York, Oct. 16 - Deutsche Bank AG, London Branch plans to price 0% Buffered Underlying Securities due July 31, 2014 linked to the Deutsche Bank Commodity Booster-Dow Jones-UBS 14 TV Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The index seeks to achieve a 14% target volatility level in the Deutsche Bank Commodity Booster - Dow Jones-UBS Index based on the realized volatility of the base Index over a defined period. The base index represents a long commodity exposure and seeks to outperform the Dow Jones UBS Commodity Index by selecting constituent commodity futures contracts using the futures contract rolling methodology of the Deutsche Bank Liquid Commodity Index-Optimum Yield.

The payout at maturity will be par plus any index gain. Investors will receive par if the index falls by 15% or less and will be exposed to any decline beyond 15%.

The notes are set to price on Oct. 27 and settle on Oct. 30.

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


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