Every 424B that DEUTSCHE BK AGRI SHT ETN (ADZCF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ADZCF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ADZCF filings page.
Deutsche Bank AG is offering $1,500,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2036. The notes are issued at 100% of their $1,000 Principal Amount and pay a fixed coupon of 5.25% per annum, with interest paid annually in arrears each July 17 from 2027 through maturity, using an unadjusted 30/360 day count convention.
The issuer may, in its sole discretion, redeem the notes in whole (but not in part) at 100% of principal plus accrued interest on any January 17 or July 17 from July 17, 2030 through January 17, 2036, with at least five business days’ notice and subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations ranking ahead of Deutsche Bank’s senior non-preferred debt, but behind certain protected deposits, are not insured by the FDIC and are not listed on any securities exchange.
Holders are deemed to consent to potential Resolution Measures under EU and German bank resolution law, including write-down of payments to zero, conversion into equity of Deutsche Bank, a group entity or a bridge bank, or amendment or cancellation of the notes, none of which constitutes an event of default. Net proceeds to Deutsche Bank are $1,474,750 after per-note underwriting discounts of $20.50, for use in general corporate purposes. The notes are intended for institutional and professional investors and are not designed for retail investors in the EEA or UK.
Deutsche Bank AG is offering $4,537,000 of 5.15% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2034. The notes pay a fixed coupon of 5.15% per annum, calculated on a 30/360 basis and paid annually each July 17, starting July 17, 2027. The issuer may, in its sole discretion and subject to regulatory approval, redeem all (but not part) of the notes at 100% of principal plus accrued interest on each January 17 and July 17 from January 17, 2028 to January 17, 2034.
The notes are unsecured, unsubordinated “senior preferred” obligations that are not deposits and not insured by any governmental agency. They are subject to European bank Resolution Measures, including write-down or conversion to equity, so holders may lose some or all of their investment and have limited rights to challenge such actions or accelerate the notes. There is no stock exchange listing, DBSI (an affiliate) acts as underwriter with conflicts of interest and potential stabilizing trades, and investors are told they must hold to maturity to receive principal repayment.
Deutsche Bank AG is offering $1,000,000 of 5.70% Fixed Rate Callable Senior Debt Funding Notes due June 30, 2051. The notes pay 5.70% per annum, on an unadjusted 30/360 basis, with annual interest each July 17 from 2027 through 2050 and at maturity.
The issuer may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on any January 17 or July 17 from July 17, 2030 through January 17, 2051. The notes are unsecured, unsubordinated “senior preferred” obligations, are not insured by the FDIC or any government agency, and will not be listed on a securities exchange.
The instruments are expressly subject to EU bank “Resolution Measures” and the bail-in tool, under which a resolution authority may write down payments, convert the notes into equity, transfer them or amend their terms. Holders consent to these powers, have limited acceleration and enforcement rights, and may lose some or all of their investment. Net proceeds of approximately $972,500 are for general corporate purposes.
Deutsche Bank AG is issuing $2,000,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2031. The notes pay 5.00% per annum, with interest payable annually in arrears each July 17 from July 17, 2027 until maturity or earlier redemption, using an unadjusted 30/360 day count. The notes are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on each January 17 and July 17 from July 17, 2027 through January 17, 2031, subject to regulatory approval.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non‑preferred debt but remain subject to European Resolution Measures, including bail‑in. Authorities may write down payments to zero, convert the notes into equity, or amend their terms, without this constituting a default, and holders have limited acceleration and enforcement rights. The notes are issued in $1,000 minimum denominations, are not listed on any exchange, and are not insured or guaranteed by the FDIC or any governmental agency. Net proceeds of approximately $1,986,500 will be used for general corporate purposes; Deutsche Bank Securities Inc., an affiliate, acts as distribution agent, creating conflicts of interest. Sales are restricted, including prohibitions on offers to retail investors in the EEA and the UK.
Deutsche Bank AG is issuing $1,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2036. The notes pay 5.50% per annum, on a 30/360 basis, with annual interest payments each July 17 from 2027 until maturity or earlier redemption.
The issuer may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on semi-annual call dates each January 17 and July 17 from July 17, 2027 to January 17, 2036. The notes are unsecured, senior preferred obligations, not insured by any government agency, and will not be listed on any exchange.
Deutsche Bank Securities Inc. sells the notes at 100% of principal, retaining a discount and commission of $8.50 per $1,000, for total net proceeds of $991,500. Investors explicitly consent to potential EU resolution actions (Resolution Measures), including bail-in write-downs or conversions, which could result in partial or total loss and do not constitute an event of default.
Deutsche Bank AG is offering $3,000,000 principal amount of 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2032. The notes are issued at $1,000 per note, pay 5.00% annual interest on July 17 each year from 2027, and may be redeemed at 100% of principal plus accrued interest on each January 17 and July 17 from July 17, 2027 through January 17, 2032, in whole but not in part, at the bank’s discretion.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but are subject to European bank resolution powers. A competent authority may impose “Resolution Measures,” including writing down payments or converting the notes into equity, without this constituting an event of default, so investors can lose some or all of their investment. Events of default are limited to German insolvency proceedings, with no acceleration rights for payment or covenant defaults. The notes are not insured by the FDIC, will not be listed on an exchange, and net proceeds of $2,954,500 will be used for general corporate purposes.
Deutsche Bank AG is issuing $1,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2036. The notes pay 5.25% per year, with interest paid annually each July 17 starting in 2027, and are sold at 100% of their $1,000 principal amount per note.
The issuer may, in its sole discretion and subject to regulatory approval, redeem all (but not part) of the notes at 100% of principal plus accrued interest on any January 17 or July 17 from 2028 through 2036. The notes are unsecured senior preferred obligations ranking ahead of Deutsche Bank’s senior non-preferred debt but behind certain deposits, and are not insured by the FDIC or any government agency.
Holders are expressly subject to European bank resolution powers, including bail-in tools that can write down payments to zero, convert the notes into equity, transfer or amend them, or cancel them entirely. Such measures, or insolvency, can cause investors to lose some or all of their investment and do not constitute an event of default. Events of default are limited to the opening of German insolvency proceedings, and holders generally have no right to accelerate payment for missed interest or principal. The notes will not be listed on any exchange, and secondary market liquidity and pricing are uncertain. Net proceeds of $980,000 will be used for general corporate purposes.
Deutsche Bank AG is offering $1,000,000 principal amount of 5.35% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2038. The notes are issued at 100% of principal, pay a fixed coupon of 5.35% per annum on each July 17 from 2027 to maturity, using an unadjusted 30/360 day count convention.
The issuer may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on each January 17 and July 17 from July 17, 2028 to January 17, 2038. Under EU and German resolution rules, the notes are subject to “Resolution Measures,” including write-down to zero, conversion into equity, transfer or amendment, and such actions will not constitute an event of default. Investors waive certain rights against the trustee and have no acceleration right for payment defaults; the only event of default is the opening of German insolvency proceedings. The notes are unsecured, senior preferred obligations ranking ahead of Deutsche Bank’s senior non‑preferred debt, are not insured by the FDIC, are not listed on any exchange, and are sold through affiliate Deutsche Bank Securities Inc., which receives $20,000 in underwriting discounts, leaving $980,000 in proceeds to Deutsche Bank for general corporate purposes.
Deutsche Bank AG is offering $1,000,000 of 5.60% Fixed Rate Callable Senior Debt Funding Notes due July 17, 2046. The notes pay 5.60% per annum, with interest paid annually each July 17 starting in 2027, using an unadjusted 30/360 day-count convention.
The notes are issued at 100% of principal, in $1,000 denominations. Deutsche Bank may redeem them in whole, at its option, at 100% of principal plus accrued interest on each January 17 and July 17 from July 17, 2029 to January 17, 2046, subject to regulatory approval and at least five business days’ notice.
The obligations are unsecured, unsubordinated “senior preferred” debt that rank ahead of the bank’s senior non-preferred instruments but remain subject to European “Resolution Measures.” Investors irrevocably consent to potential bail-in actions, including write-down to zero or conversion into equity, which would not constitute an event of default and could result in losing some or all invested principal. There is no FDIC insurance and acceleration rights are very limited.
Deutsche Bank AG is offering 5.05% Fixed Rate Callable Senior Debt Funding Notes due July 31, 2032 at 100% of the $1,000 principal amount, in minimum denominations of $1,000. Interest is paid annually in arrears each July 31, starting July 31, 2027, on a 30/360 basis.
The notes are callable at par plus accrued interest at Deutsche Bank’s option, in whole but not in part, on each January 31 and July 31 from July 31, 2027 through January 31, 2032, subject to regulatory approval. They are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non‑preferred debt but behind covered deposits and certain other senior liabilities.
Per note economics show a $1,000 price to the public, a $30 selling concession to Deutsche Bank Securities Inc. (DBSI) and $970 in proceeds to the issuer, with net proceeds used for general corporate purposes and potential hedging. The notes include extensive “Resolution Measure” bail‑in language: a competent EU resolution authority may write down payments (including to zero), convert the notes into equity, or transfer or amend them if Deutsche Bank is deemed non‑viable, without this constituting an event of default. Holders waive related claims against the trustee and cannot accelerate for payment defaults; acceleration is limited to German insolvency proceedings.
The notes are not deposits, are not FDIC‑insured, are not listed on any exchange, and secondary trading may be limited, so sales before maturity could lead to substantial losses. Offers exclude EEA and UK retail investors due to PRIIPs and UK product disclosure rules, and DBSI, an affiliate, acts as underwriter under FINRA Rule 5121 conflicts‑of‑interest provisions.
Deutsche Bank AG is offering 6.00% Fixed Rate Callable Senior Debt Funding Notes due July 31, 2051 at 100% of the $1,000 principal amount per note. The notes pay fixed interest of 6.00% per annum, payable annually each July 31 under a 30/360 day-count convention.
Beginning July 31, 2028, Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on each January 31 and July 31. The notes are unsecured, unsubordinated “senior preferred” obligations, rank ahead of the bank’s senior non-preferred debt, are not insured, and will not be listed on any exchange.
A key feature is the European “Resolution Measure” regime: if the bank becomes non‑viable, the competent resolution authority may write down payments (including to zero), convert the notes into equity of Deutsche Bank or a group or bridge entity, or otherwise amend, transfer or cancel the notes, without this constituting a default. Holders waive certain rights to challenge such actions and have limited acceleration and enforcement remedies. Net proceeds are intended for general corporate purposes.
Deutsche Bank AG is offering 5.35% Fixed Rate Callable Senior Debt Funding Notes due July 31, 2034. Each note has a $1,000 principal amount and is issued at 100% of face value, with fixed interest of 5.35% per annum paid annually on July 31, starting July 31, 2027.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non‑preferred debt but behind certain deposits and other higher-ranking liabilities. They are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on each January 31 and July 31 from January 31, 2028 to January 31, 2034, subject to regulatory approval. Holders are expressly subject to European bank Resolution Measures, including the “bail‑in” power to write down payments or convert the notes into equity; such action is not a default and may result in a partial or total loss. Events of default are limited to the opening of German insolvency proceedings, with no acceleration right for missed payments. The notes are not insured by the FDIC, will not be listed on any exchange, and net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.10% Fixed Rate Callable Senior Debt Funding Notes due July 31, 2031, each with a $1,000 principal amount and Issue Price of 100.00%. The notes pay fixed interest of 5.10% per annum, annually in arrears each July 31 from 2027 until maturity or earlier redemption.
The issuer may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on any optional redemption date, semi-annually each January 31 and July 31 from 2027 through January 31, 2031. The notes are unsecured, unsubordinated “senior preferred” obligations ranking ahead of Deutsche Bank’s senior non-preferred debt but behind certain protected deposits and are not insured by any government agency. They are subject to European banking Resolution Measures, including “bail-in” powers that can write down payments to zero, convert the notes into equity, or amend or cancel their terms without constituting an event of default, so holders can lose some or all of their investment. Per note, the public price is $1,000.00, underwriting discounts and commissions are $30.00, and proceeds to Deutsche Bank are $970.00, to be used for general corporate purposes. The notes are not listed on any exchange and are not intended for retail investors in the EEA or UK.
Deutsche Bank AG is offering unsecured, fixed-rate callable senior notes due July 31, 2036 under its Senior Debt Funding Notes, Series E program. Each note has a $1,000 principal amount, is priced at 100%, and pays fixed interest of 5.45% per annum, paid annually on July 31, starting in 2027, using a 30/360 day-count convention.
The issuer may, in its sole discretion and subject to regulatory approval, redeem the notes in whole (but not in part) at 100% of principal plus accrued interest on optional redemption dates every January 31 and July 31 from July 31, 2030 through January 31, 2036. The notes are not listed on any exchange and are not deposits or savings accounts, nor insured by the FDIC or any government agency.
Investors are deemed to consent to potential EU “Resolution Measures,” including write-down of payments (to zero), conversion into equity of Deutsche Bank, a group entity or a bridge bank, transfer, amendment or cancellation of the notes. Such actions would not constitute an event of default, and payment failures due to a Resolution Measure cannot be enforced or accelerated, meaning holders could lose some or all of their investment. The notes rank as unsecured, unsubordinated “senior preferred” obligations, ahead of Deutsche Bank’s senior non-preferred instruments but behind certain deposits. Per note, the public pays $1,000, DBSI receives a $40 underwriting discount, and Deutsche Bank receives $960 in proceeds, to be used for general corporate purposes.
Deutsche Bank AG is offering unsecured, unsubordinated 5.10% Fixed Rate Senior Debt Funding Notes due July 31, 2036. The notes pay fixed interest of 5.10% per annum, calculated on a 30/360 basis and paid annually in arrears each July 31 from 2027 through maturity. They are issued in registered form in minimum denominations of $1,000 at 100% of principal, are not insured by any governmental agency, and will not be listed on any securities exchange.
The notes rank as senior preferred obligations, ahead of Deutsche Bank’s senior non-preferred debt but behind certain deposits, and are subject to European resolution measures. The competent resolution authority may write down payments to zero, convert the notes into equity, transfer or amend them, or cancel them entirely, without this constituting an event of default. Holders have no right to accelerate payment for missed interest or principal, and may lose some or all of their investment if insolvency or a resolution measure occurs. Deutsche Bank Securities Inc., an affiliate, will distribute the notes, receiving $40 in discounts and commissions and leaving issuer proceeds of $960 per $1,000 note, to be used for general corporate purposes.
Deutsche Bank AG priced a preliminary offering of Trigger Autocallable GEARS linked to the Russell 2000® Index, with a $10 Face Amount per Security and a Term ≈ 5 years unless automatically called. Key terms set on the Trade Date: Call Return 12.00%, Upside Gearing 1.49–1.69 (not less than 1.49), Autocall Barrier 100% of the Initial Underlying Value and Downside Threshold 75% of the Initial Underlying Value. Important dates include Trade Date 4/28/2026, Settlement 4/30/2026, Observation Date 5/5/2027, Final Valuation Date 4/28/2031 and Maturity 4/30/2031. The Issue Price is 100% ($10.00) while the Issuer’s estimated value on the Trade Date is approximately $9.715 to $9.934 per $10 Face Amount. Purchasers bear full issuer credit risk and consent to possible Resolution Measures (including write-down or conversion) under applicable German/European resolution law.
Deutsche Bank AG is offering Senior Debt Funding Notes, Series E: fixed-rate callable notes with a 6.00% per annum coupon, $1,000 principal per note issued at 100.00%, and scheduled maturity on April 17, 2051. Interest is paid annually beginning April 17, 2027. The issuer may redeem the notes in whole on semi-annual Optional Redemption Dates at 100% of Principal, subject to regulatory approval. The pricing supplement highlights material risks, including exposure to Resolution Measures (bail-in powers) that may write down or convert the notes, limited remedies on default, lack of listing, and eligibility restrictions for retail investors in the EEA and UK.
Deutsche Bank AG is offering fixed‑rate callable Senior Debt Funding Notes due April 17, 2034 carrying a 5.35% annual coupon paid semi‑annually. Notes have a $1,000 principal denomination, an Issue Price of $1,000 per note, settlement on April 17, 2026, and optional redemptions (whole, not part) semi‑annually beginning April 17, 2028 at 100% of principal, subject to regulatory approval.
The pricing supplement emphasizes material risks from applicable European resolution regimes: holders irrevocably consent that competent resolution authorities may write down or convert the notes under a Resolution Measure ("bail‑in tool"), potentially causing partial or total loss. The notes are unsecured, rank pari passu with other senior unsubordinated obligations, and will not be listed.
Deutsche Bank AG is offering $2,537,000 of 5.45% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2036. The notes pay interest annually at 5.45%, have an Issue Price of $1,000 per note and are callable at 100% of principal on semi‑annual Optional Redemption Dates beginning April 16, 2030, subject to regulatory approval. The notes are unsecured, unsubordinated senior debt funding securities and are subject to European and German resolution regimes: holders irrevocably consent to possible write‑down or conversion under applicable Resolution Measures (the “bail‑in tool”), which could result in loss of principal or interest. Proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering $5,116,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2031. The notes price at 100.00% of principal, pay interest semi‑annually on April 16 and October 16, and may be redeemed in whole at 100% on semi‑annual Optional Redemption Dates beginning April 16, 2027, subject to regulatory approval. Proceeds to the issuer total $5,094,500 after discounts and commissions of $21,500. The offering is junior to certain more senior liabilities in resolution scenarios and is subject to bank resolution powers (including write‑down or conversion into equity), which could cause holders to lose some or all of their investment.
Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due April 30, 2036. The notes have an Issue Price of 100% and a $1,000 Principal Amount per note, pay interest annually on April 30 beginning April 30, 2027, and are callable in whole (not in part) semi-annually from April 30, 2030 at 100% plus accrued interest, subject to regulatory approval. The pricing supplement highlights that holders are irrevocably subject to applicable Resolution Measures (including write-down or conversion into equity) under the BRRD, SRM Regulation and German Resolution Act, meaning payments may be written down or converted if Deutsche Bank is deemed non-viable.
The notes are unsecured, unsubordinated obligations, issued in book-entry form through DTC, not listed, and governed by New York law except ranking provisions governed by German law. Price to public is $1,000 per note with $40 discounts/commissions and $960 proceeds per note to the issuer. The offering agent is Deutsche Bank Securities Inc., an affiliate.
Deutsche Bank AG is offering $3,523,000 of 5.75% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2046. The notes pay interest annually and may be redeemed at 100% on semi-annual optional redemption dates beginning April 16, 2029, subject to regulatory approval.
The pricing supplement highlights a resolution/bail-in regime: competent resolution authorities may write down or convert the notes if the bank is deemed non-viable, which could cause holders to lose some or all of their investment. Proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering $2,359,000 aggregate principal of 5.35% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2036. The notes pay interest annually on April 16, commence April 16, 2027, and are redeemable in whole at 100% on semiannual Optional Redemption Dates subject to regulatory approval and five business days' notice.
The issue price is $1,000 per note; proceeds to the issuer total $2,311,576 after underwriting discounts and commissions of $47,424. The notes are unsecured, rank pari passu with other unsecured unsubordinated obligations, are not listed, and are subject to EU/ German resolution powers that may write down or convert the notes under specified Resolution Measures.
Deutsche Bank AG is offering fixed-rate Senior Debt Funding Notes due April 28, 2051. The notes pay 5.80% per annum annually, have an Issue Price of 100.00% (Principal Amount $1,000) and settle on or about April 28, 2026. The issuer may redeem in whole at 100% on semi-annual Optional Redemption Dates commencing April 28, 2028, subject to regulatory approval.
The notes are unsecured, unsubordinated obligations that rank pari passu with other unsecured unsubordinated obligations and are subject to applicable European resolution regimes: holders irrevocably consent to possible Resolution Measures (including write-downs or conversion into equity). Proceeds are for general corporate purposes.
Deutsche Bank is offering 4.75% Fixed Rate Callable Senior Debt Funding Notes due April 30, 2031. The notes carry an interest rate of 4.75% per annum, payable semi-annually, an Issue Price of $1,000.00 per note and minimum denominations of $1,000.
The notes are callable in whole on semi-annual Optional Redemption Dates beginning April 30, 2027 at 100% of principal subject to regulatory approval. Trade date and settlement are on or about April 28, 2026 and April 30, 2026, respectively. Price to public is $1,000 per note; discounts/commissions are $30 per note and proceeds to the issuer are $970 per note.
The notes are unsecured, unsubordinated obligations and are subject to statutory Resolution Measures (including write-down or conversion into equity) under applicable EU/German resolution regimes; holders may lose some or all of their investment if such measures apply.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due April 29, 2033. The notes pay interest semi‑annually at 5.00% per annum, have an Issue Price of 100.00% and a Principal Amount of $1,000 per note. Settlement is on or about April 29, 2026 following a trade date of on or about April 27, 2026. The issuer may redeem the notes in whole, at 100% of principal plus accrued interest, on semi‑annual Optional Redemption Dates commencing April 29, 2027, subject to regulatory approval. The pricing supplement discloses underwriting discounts of $30.00 per note (net proceeds to issuer $970.00 per note). Holders are bound by the issuer’s Resolution Measure provisions (including potential write‑down or conversion into equity) described in the supplement and prospectus.
Deutsche Bank AG is offering $1,000,000,000 aggregate principal amount of Fixed-to-Floating Rate Eligible Liabilities Senior Notes due April 14, 2032. The notes pay 5.060% semi‑annual interest through a Reset Date of April 14, 2031, then pay Compounded SOFR plus a 1.410% spread quarterly.
The notes are unsecured senior non-preferred obligations that may be subject to Resolution Measures (including write-down or conversion) under applicable EU/German resolution regimes; investors may therefore lose some or all of their investment if such measures apply.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due April 30, 2036 with an Issue Price of $1,000 per note and annual interest payable each April 30, commencing April 30, 2027. The notes are callable semi-annually at 100% of principal, subject to regulatory approval, and settlement is on or about April 30, 2026.
The notes are unsecured, unsubordinated senior funding obligations that rank pari passu with other unsecured unsubordinated obligations but are subject to applicable Resolution Measures and the EU/ German resolution regime; holders irrevocably consent to potential write-downs or conversion (the bail-in tool), which could result in loss of principal or interest.
Deutsche Bank AG is offering Eligible Liabilities Senior Notes that pay a fixed rate through the Reset Date and a compounded SOFR-based floating rate thereafter. The notes have a $1,000 Principal Amount per note, an Issue Price of 100.00%, a Reset Date in April 2031 and a Maturity Date in April 2032. The notes are unsecured, senior non-preferred obligations governed by New York law (ranking and resolution matters governed by German law) and are subject to resolution powers that may write down or convert the notes. Minimum denominations are $150,000 and integral multiples of $1,000. Proceeds are for general corporate purposes.
Deutsche Bank AG is offering 5.80% Fixed Rate Callable Senior Debt Funding Notes due April 21, 2041. The notes pay interest annually at 5.80% and will be issued at an Issue Price of $1,000.00 per note with a principal denomination of $1,000.
The issuer may redeem the notes in whole (not in part) on semi-annual Optional Redemption Dates at 100% of Principal plus accrued interest, subject to regulatory approval and at least five business days’ prior notice. The notes are unsecured, unsubordinated senior funding notes and are not listed. Holders are bound by the issuer's Resolution Measure provisions, including potential write-down or conversion (the bail-in tool), which could result in loss of principal or interest.
Deutsche Bank is offering $1,599,000 aggregate Principal Amount of 5.55% Fixed Rate Callable Senior Debt Funding Notes due April 1, 2041. The notes pay interest annually, have an Issue Price of 100.00%, and are callable at 100% on semi-annual Optional Redemption Dates subject to regulatory approval. The offering is unsecured and book-entry only, not listed, and is subject to European resolution powers that permit write-down or conversion of the notes.
Deutsche Bank AG offers $1,000,000 of 4.75% Fixed Rate Callable Eligible Liabilities Senior Notes due March 31, 2031. The notes pay interest annually on March 31, commence March 31, 2027, have a $1,000 principal per note issued at 100.00% and settle March 31, 2026. The issuer may redeem in whole on semi-annual Optional Redemption Dates at 100% plus accrued interest, subject to regulatory approval. The notes are unsecured, senior non-preferred eligible liabilities and are exposed to possible write-down or conversion under EU/German resolution regimes; holders may lose some or all investment if Resolution Measures or insolvency occur.
Deutsche Bank AG is offering $1,000,000 of 5.35% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2038. The notes pay interest annually at 5.35% per annum, have a $1,000 minimum denomination and were issued at 100.00% of principal with settlement on March 31, 2026. The issuer may redeem the notes in whole, subject to regulatory approval and five business days’ notice, on semi-annual Optional Redemption Dates beginning March 31, 2028. Investors are bound by the prospectus terms, including Resolution Measure provisions (bail-in, write-down or conversion powers) under EU/German resolution regimes, which could cause partial or total loss of principal.
Deutsche Bank AG priced $15,660,280 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nikkei 225 Index and the S&P 500® Index, due April 1, 2031. The Notes pay a quarterly Contingent Coupon of 10.00% per annum only if each underlying meets its 65% Coupon Barrier on observation dates. The Notes are automatically callable on quarterly Call Observation Dates if each underlying is at or above its Trade Date closing level; otherwise, at maturity you receive $10 per Note if each Final Underlying Value is at or above its 65% Downside Threshold, but if any Final Underlying Value is below that threshold you suffer a loss equal to the negative return of the Least Performing Underlying. Payments are unsecured, subject to Deutsche Bank AG credit risk and possible European Resolution Measures, including write-down or conversion.
Deutsche Bank AG priced $1,051,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2036, with an issue price of 100.00% and annual interest payable each March 31 commencing March 31, 2027. Settlement is March 31, 2026 after a trade date of March 27, 2026.
The notes are unsecured, unsubordinated senior debt issued in minimum denominations of $1,000, callable in whole on semiannual Optional Redemption Dates subject to regulatory approval, and offered on a book-entry basis through DTC. The pricing supplement highlights material resolution risk: holders consent to potential Resolution Measures (including write-down or conversion) under applicable EU/German resolution regimes.
Deutsche Bank AG is offering $2,020,000 aggregate Principal Amount of 5.00% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2034. The notes are issued at 100.00% of principal, pay interest annually, are callable semi‑annually at par subject to regulatory approval, and settle on March 31, 2026.
The pricing supplement discloses $38,550 in discounts and commissions and $1,981,450 net proceeds to the issuer. Holders consent to possible Resolution Measures (including write‑down or conversion) under applicable EU/German resolution regimes, which may cause loss of principal or interest.
Deutsche Bank AG is offering $1,265,000 principal of 5.15% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2036. Interest is paid annually at 5.15% per annum. The notes are callable at 100% (whole, not part) on semi‑annual Optional Redemption Dates beginning March 31, 2030, subject to regulatory approval. The Issue Price is $1,000 per note with minimum denominations of $1,000; trade date is March 27, 2026, settlement March 31, 2026, and maturity March 31, 2036. Purchasers irrevocably consent to possible Resolution Measures (including write‑down or conversion) under applicable EU/German resolution regimes; holders may lose some or all of their investment if such measures apply. The notes are unsecured, unsubordinated obligations, not listed, and will be issued in book‑entry form through DTC.
Deutsche Bank is offering $1,000,000 of 5.50% Fixed Rate Callable Eligible Liabilities Senior Notes due March 31, 2036 at an issue price of 100.00%.
The notes pay interest annually, are callable semi‑annually at 100% (subject to regulatory approval) and settle on March 31, 2026. Net proceeds are stated as $990,000 and will be used for general corporate purposes. Holders are subject to European resolution regimes allowing write‑down or conversion (the “bail‑in tool”), which may cause loss of principal or interest.
Deutsche Bank AG is offering $3,454,000 of 4.60% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2031. Interest is payable annually on each March 31, commencing March 31, 2027. The notes are callable at 100% on specified semi-annual Optional Redemption Dates, subject to regulatory approval. The offering price was 100.00% with proceeds to the issuer of $3,408,022.00 after discounts and commissions. The notes are unsecured, unsubordinated senior debt and may be subject to Resolution Measures (including write-down or conversion) under EU/German resolution regimes; holders consent to those provisions by acquiring the notes.
Deutsche Bank AG is offering $1,000,000 principal of 5.70% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2046 at an issue price of 100.00%. Interest is paid annually on each March 31 (first payment March 31, 2027). The issuer may redeem the notes in whole on semi-annual Optional Redemption Dates at 100% of principal, subject to regulatory approval and at least five business days’ prior notice. The notes are unsecured, unsubordinated obligations ranking pari passu with other unsecured debt and are not listed. They are subject to European and German resolution regimes permitting write-down or conversion ("Resolution Measures"), meaning holders may lose some or all investment if such measures are applied. Net proceeds are for general corporate purposes.
Deutsche Bank AG is offering fixed‑rate callable Senior Debt Funding Notes. The notes pay 6.00% per annum, have a Principal Amount of $1,000 per note and an Issue Price of $1,000. The Settlement Date is on or about April 17, 2026 and the Maturity Date is April 17, 2051. The issuer may redeem the notes in whole (not in part) on semi‑annual Optional Redemption Dates at 100% of principal, subject to regulatory approval, after giving at least five business days’ notice.
Key investor risks: the notes are unsecured, rank pari passu with other unsecured unsubordinated obligations, and are subject to European resolution powers (bail‑in), which may permit write‑downs or conversion into equity; holders could lose some or all of their investment if a Resolution Measure or insolvency occurs. Price to public is $1,000 per note; discounts and commissions are $50, leaving proceeds to the issuer of $950 per note.
Deutsche Bank AG is offering senior unsecured debt notes paying 5.45% annually, issued at $1,000.00 per note with a Principal Amount of $1,000, settlement on or about April 16, 2026 and maturity on April 16, 2036. The notes are callable in whole on semi-annual Optional Redemption Dates from April 16, 2030 at 100% plus accrued interest, subject to regulatory approval.
The offering lists a selling concession of $40.00 per note (proceeds to issuer $960.00 per note). Holders are expressly subject to applicable Resolution Measures (including write-down or conversion/bail-in) under EU/German resolution regimes, which could cause loss of principal or interest.
Deutsche Bank is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2031, issued at 100.00% of principal with a $1,000 Principal Amount per note. The Trade Date is on or about April 14, 2026 and Settlement Date is on or about April 16, 2026.
The notes pay interest semi‑annually on each April 16 and October 16 (30/360), are callable in whole on semi‑annual Optional Redemption Dates at 100% (subject to regulatory approval) and will not be listed. Holders are subject to applicable Resolution Measures (including write‑down or conversion) under EU/German resolution regimes and may lose some or all of their investment if such measures are applied.
Deutsche Bank AG is offering 5.35% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2036. The notes are being issued at an Issue Price of $1,000 per note with an agent discount of $40.00, resulting in proceeds of $960.00 per note. Interest of 5.35% is payable annually beginning April 16, 2027. The issuer may redeem the notes in whole (not in part) at 100% on semi-annual optional redemption dates beginning October 16, 2027, subject to regulatory approval and at least five business days’ notice. The notes are unsecured, unsubordinated obligations, not listed, issued in book-entry form through DTC, and governed by New York law (ranking provisions governed by German law). Holders irrevocably consent to applicable Resolution Measures under EU/German resolution regimes, including potential write-down or conversion (the “bail-in tool”), which may result in loss of principal or interest.
Deutsche Bank AG is offering 5.75% Fixed Rate Callable Senior Debt Funding Notes due April 16, 2046. The notes are issued at $1,000.00 per Principal Amount (Issue Price 100.00%) with annual interest paid each April 16 commencing April 16, 2027. The issuer may redeem the notes in whole on semi-annual Optional Redemption Dates beginning April 16, 2029, subject to regulatory approval and at 100% of principal plus accrued interest. The offering is subject to the Resolution Measures provisions described herein, including write-down or conversion powers of competent resolution authorities.
Deutsche Bank AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nikkei 225 Index and the S&P 500® Index. The Notes have a Trade Date of March 27, 2026, Settlement Date of March 31, 2026 and a Maturity Date of April 1, 2031. The Contingent Coupon Rate will be set on the Trade Date between 9.50% and 10.50% per annum and coupons are paid quarterly subject to each Underlying closing at or above a Coupon Barrier.
The Coupon Barrier and Downside Threshold for each Underlying equal 65% of its Initial Underlying Value. If the Notes are not called and any Final Underlying Value is below its Downside Threshold, repayment at maturity may be less than the Face Amount, producing losses up to the full principal. Minimum investment is $1,000 (100 Notes). Payments are unsecured obligations of Deutsche Bank AG, not listed, and subject to issuer credit risk and possible resolution measures.
Deutsche Bank AG is offering $20,019,920 in Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the EURO STOXX 50® Index. The Notes pay a quarterly contingent coupon at an annual 8.50% rate if both Underlyings meet 75% coupon barriers and are callable quarterly. Trade Date is March 13, 2026, Settlement Date March 18, 2026, Final Valuation Date March 13, 2036 and Maturity Date March 18, 2036. If any Underlying is below its 75% Downside Threshold on the Final Valuation Date, principal is reduced proportionally to the negative return of the Least Performing Underlying. The Issuer’s estimated value on the Trade Date is $9.233 per $10.00 Face Amount, below the $10.00 Issue Price. Payments remain subject to the credit of Deutsche Bank AG and possible European resolution measures that could write down or convert the Notes.
Deutsche Bank AG is offering $2,500,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due March 18, 2056. The notes are issued at 100.00% of principal, pay interest annually on each March 18 beginning March 18, 2027, and mature on March 18, 2056.
The offering is in minimum denominations of $1,000 per note; net proceeds to the issuer total $2,431,250. The issuer may redeem the notes in whole (but not in part) on semi‑annual optional redemption dates beginning September 18, 2030 at 100% of principal, subject to regulatory approval. The notes are unsecured, unsubordinated senior debt and are not listed.
Deutsche Bank is offering $1,506,000 of 5.30% Fixed Rate Callable Senior Debt Funding Notes due March 18, 2041. The notes pay interest annually on each March 18, commence March 18, 2027, and are callable semi‑annually at 100% subject to regulatory approval.
The notes are unsecured, unsecured unsubordinated obligations issued in minimum denominations of $1,000, will be book‑entry at DTC, and expressly subject holders to Resolution Measures (including write‑down or conversion into equity) under applicable EU/German resolution regimes.
Deutsche Bank AG is offering 5.55% Fixed Rate Callable Senior Debt Funding Notes due April 1, 2041. The notes carry an interest rate of 5.55%, an Issue Price of $1,000.00 per $1,000 Principal Amount, pay interest annually, and are callable at 100% of principal on semi-annual Optional Redemption Dates subject to regulatory approval.
The notes are unsecured, unsubordinated senior debt issued in minimum denominations of $1,000, governed by New York law with ranking provisions governed by German law for resolution matters. Holders irrevocably consent to applicable Resolution Measures (including potential write-down or conversion) under European/German resolution regimes, which may cause holders to lose some or all principal or interest.