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 issuing $2,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2039. The notes pay 5.50% interest per year, on each February 13, starting in 2027, using a 30/360 day-count convention.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non‑preferred debt but behind certain protected deposits. Deutsche Bank can redeem them at 100% of principal plus accrued interest on semi‑annual call dates from February 13, 2028 through August 13, 2038, subject to regulatory approval.
A key feature is exposure to European “Resolution Measures” under the BRRD and German law. If the bank is deemed non‑viable, authorities may write down payments on the notes, convert them into equity, transfer or amend them, without this being an event of default. Holders have limited acceleration and enforcement rights and could lose some or all of their investment. The notes are not FDIC‑insured, will not be listed on an exchange, and net proceeds of $1,983,000 will be used for general corporate purposes.
Deutsche Bank AG is offering $6,574,000 of 5.15% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2036. The notes pay 5.15% annual interest on February 13 of each year, starting in 2027, using a 30/360 day count.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on February 13 and August 13, beginning in 2030 and ending in 2035. The notes are unsecured, unsubordinated “senior preferred” obligations and will not be listed on any securities exchange.
These notes are subject to European “Resolution Measures,” including potential write-down or conversion to equity if Deutsche Bank is deemed non‑viable, which means investors could lose some or all of their investment without this being an event of default. Net proceeds of about $6.52 million will be used for general corporate purposes.
Deutsche Bank AG is issuing $2,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2036. The notes pay 5.25% per year, with interest paid annually each February 13 starting in 2027.
The notes are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on February 13 and August 13 each year from 2028 through 2035, subject to regulatory approval. They are unsecured, unsubordinated obligations ranking ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities.
Resolution authorities in the EU may impose “Resolution Measures,” including writing down payments on the notes, converting them into equity, transferring or amending them, without this constituting an event of default. Holders have limited enforcement and no payment-acceleration rights for non-payment caused by a Resolution Measure and may lose some or all of their investment.
The notes are offered at $1,000 per note. Per note, the price to the public is $1,000, selling concessions and commissions are $8.50, and proceeds to Deutsche Bank are $991.50. On the $2,000,000 total, underwriting discounts are $17,000 and net proceeds are $1,983,000, to be used for general corporate purposes.
Deutsche Bank is offering $1,863,000 of 5.50% fixed rate callable Senior Debt Funding Notes due February 13, 2051. The notes pay 5.50% interest per year, with payments made each February 13 from 2027 until maturity or earlier redemption.
Deutsche Bank may redeem the notes in whole, but not in part, on February 13 and August 13 of each year from 2036 to 2050 at 100% of principal plus accrued interest, subject to regulatory approval. The offering price is $1,000 per note, with $22.50 per note in selling commissions and $977.50 per note in proceeds to Deutsche Bank. The notes are unsecured, not FDIC-insured, not listed on any exchange, and are subject to EU “Resolution Measures,” meaning a resolution authority can write down payments or convert the notes into equity, so investors could lose some or all of their investment.
Deutsche Bank AG is offering $4,102,000 of 4.50% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2031 at 100% of principal. The notes pay fixed interest of 4.50% per annum, with payments made annually each February 13 from 2027 until maturity or earlier redemption.
Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on any February 13 or August 13 from 2027 through August 13, 2030, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations, not insured deposits, and will not be listed on any securities exchange.
Under EU bank resolution rules, the notes are subject to potential “Resolution Measures,” including being written down or converted into equity if Deutsche Bank is deemed non‑viable, so investors could lose some or all of their investment without this constituting an event of default. Net proceeds of approximately $4,082,541 will be used for general corporate purposes.
Deutsche Bank AG is offering fixed rate callable senior debt notes due February 27, 2036. The notes pay 5.20% interest per year, calculated on a 30/360 basis and paid annually each February 27, starting in 2027.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on semi-annual call dates every February 27 and August 27 from 2028 through 2035, subject to regulatory approval. The notes are unsecured, unsubordinated Senior Debt Funding Notes, Series E, issued in $1,000 denominations, will not be listed on any exchange, and are not insured by the FDIC or any government agency.
Under European “Resolution Measure” and bail-in rules, the notes can be written down, cancelled, or converted into equity if the bank is deemed non-viable, and such action would not constitute an event of default. Investors have limited enforcement and no acceleration rights for payment defaults tied to a Resolution Measure and may lose some or all of their investment.
Deutsche Bank AG is offering 5.10% fixed-rate callable Senior Debt Funding Notes due February 27, 2036. The notes pay interest annually in arrears, based on an unadjusted 30/360 day count convention, with payments each February 27 starting in 2027.
The issuer may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual optional redemption dates each February 27 and August 27 from 2030 through 2035, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations, issued at 100% of a $1,000 minimum denomination, with a $40 per-note selling concession and $960 in proceeds to Deutsche Bank.
These notes are subject to European bank “Resolution Measures,” including bail-in powers that can write down payments to zero, convert the notes into equity, or amend or cancel their terms. Imposition of a Resolution Measure would not constitute an event of default, and holders have limited acceleration and enforcement rights, so investors could lose some or all of their investment.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes, Series E, paying a fixed 4.50% annual coupon, with interest paid each February 27 from February 27, 2027 until February 27, 2031, unless redeemed earlier.
The notes are callable at the bank’s option at 100% of principal plus accrued interest on each February 27 and August 27 from 2027 through August 27, 2030. They are issued at 100% of principal in minimum denominations of $1,000, will not be listed on any exchange, and are not insured by the FDIC or any government agency.
Under EU bank resolution rules (the BRRD and related German law), these senior preferred notes may be subject to “Resolution Measures,” including write-down of payments to zero, conversion into equity of Deutsche Bank or another group entity, transfer, amendment, or cancellation. Holders irrevocably consent to such measures, which do not constitute an event of default, and have limited rights to challenge them or accelerate the notes.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes paying a fixed 5.65% annual coupon, with interest paid each February 27, starting in 2027, and a final maturity on February 27, 2051. The notes are issued at 100% of principal in minimum denominations of $1,000.
The bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on semiannual optional redemption dates every February 27 and August 27 from 2028 through 2050. The notes are not listed on any exchange and are not deposit products or FDIC insured.
These securities are explicitly subject to European “Resolution Measures,” including the bail‑in tool. If Deutsche Bank is deemed non‑viable, authorities may write down payments on the notes, convert them into equity, amend their terms, or cancel them entirely, and such actions will not constitute an event of default. Holders waive extensive rights to challenge these measures and have limited enforcement remedies, with no right to accelerate for payment or covenant defaults.
The notes rank as senior preferred unsecured obligations, ahead of the bank’s senior non‑preferred debt but behind certain protected liabilities such as covered deposits. Net proceeds are for general corporate purposes. Distribution is through Deutsche Bank Securities Inc., an affiliate that receives selling commissions and may stabilize or trade in the notes.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes, Series E, paying a fixed 5.00% per annum until February 27, 2034. Interest is paid annually in arrears each February 27, starting in 2027, on a 30/360 basis.
The notes are issued at 100% of principal in minimum $1,000 denominations. Per $1,000 note, the price to the public is $1,000, selling concessions are $30, and proceeds to Deutsche Bank are $970. The notes are not listed on any securities exchange and are not insured by the FDIC or any government agency.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes at 100% of principal plus accrued interest on February 27 and August 27 each year from 2027 through August 27, 2033. The notes rank as senior preferred unsecured obligations, ahead of the bank’s senior non‑preferred debt.
Investors expressly consent to potential EU “Resolution Measures” (bail‑in), under which a resolution authority may write down payments, convert the notes into equity, amend terms, or cancel the notes. Such actions are not events of default, and holders have limited acceleration and enforcement rights, meaning they could lose some or all of their investment.
Deutsche Bank AG is offering $4,498,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due February 11, 2041. The notes are issued at 100% of principal, pay 5.50% annual interest on each February 11 starting in 2027, and are unsecured, unsubordinated obligations.
Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates from February 11, 2028 through August 11, 2040, subject to regulatory approval. Net proceeds are $4,451,267, to be used for general corporate purposes.
Under European bank resolution rules, the notes can be subject to “Resolution Measures,” including write-down to zero, conversion into equity, transfer, amendment or cancellation if Deutsche Bank becomes non‑viable. These bail‑in provisions mean holders can lose some or all of their investment without this constituting an event of default.
Deutsche Bank AG is offering 5.40% fixed rate callable senior debt funding notes due February 27, 2041, issued at 100% of principal in $1,000 denominations. Interest is paid annually each February 27, starting in 2027, using a 30/360 day-count convention.
The bank may redeem the notes at its option at 100% of principal plus accrued interest on semi-annual call dates every February 27 and August 27 from 2028 through 2040, subject to regulatory approval. The notes are unsecured, unsubordinated, not FDIC-insured, and not listed on any exchange.
Holders explicitly accept EU “Resolution Measures,” including write-down or conversion into equity if Deutsche Bank is deemed non-viable. Such measures, or insolvency, can result in losing some or all invested principal, and they do not constitute an event of default under the notes.
Deutsche Bank AG is issuing $23,500,000 of 4.30% Fixed Rate Callable Senior Debt Funding Notes due February 6, 2030 at 100% of principal, with net proceeds of $23,347,500 after $152,500 of selling commissions.
The notes pay 4.30% interest annually each February 6, starting in 2027, and may be redeemed at Deutsche Bank’s option at par plus accrued interest on semiannual call dates from August 6, 2027 through August 6, 2029. These unsecured, unsubordinated "senior preferred" obligations are subject to European bank resolution “bail-in” powers, meaning regulators can write down payments or convert the notes into equity if Deutsche Bank is deemed non‑viable, and such actions would not constitute an event of default.
Investors have limited enforcement rights, no acceleration for payment defaults, no collateral, and no deposit insurance. The notes are not listed on any exchange and are intended for non‑retail investors in Europe and the UK, with proceeds used for general corporate purposes.
Deutsche Bank AG New York Branch is issuing $1,000,000,000 fixed-to-floating rate eligible liabilities senior notes due February 6, 2032. The notes pay 4.725% per annum on a 30/360 basis until February 6, 2031, then a quarterly floating rate based on Compounded SOFR plus 1.135% on an Actual/360 basis.
The bank may redeem the notes at par on the February 6, 2031 reset date or earlier under a cleanup call if 25% or less of the original issue remains outstanding, in each case with regulatory approval. The notes are senior non-preferred, meaning they rank below other unsecured unsubordinated liabilities in German insolvency or resolution.
Investors consent to potential EU “Resolution Measures,” including write-down to zero or conversion into equity, which would not count as an event of default. The notes are offered at 100% of principal, with a 0.325% selling concession, generating net proceeds of $996,750,000 for general corporate purposes. The notes are issued in $150,000 minimum denominations, will not be listed on any exchange, and carry standard U.S. and German tax disclosures, including treatment as variable rate debt for U.S. federal income tax purposes.
Deutsche Bank AG New York Branch is offering fixed-to-floating rate eligible liabilities senior notes due in February 2032. The notes pay a fixed interest rate for the first five years, then switch to a floating rate based on Compounded SOFR plus a spread, with interest paid semi-annually and then quarterly.
The notes are unsecured, unsubordinated senior non-preferred obligations. In German insolvency or if European resolution authorities impose “Resolution Measures,” payments can be written down, the notes converted into equity, or otherwise changed, which can result in losing some or all of the investment.
Deutsche Bank may redeem the notes in whole at par plus accrued interest on the reset date or through a cleanup redemption if a small portion of the original issuance remains, subject to regulatory approval. The notes are issued in minimum denominations of $150,000, will not be listed on any securities exchange, and are intended to qualify as eligible liabilities instruments for regulatory capital purposes.
Deutsche Bank AG is issuing $4,606,000 of senior Market Linked Notes tied to the S&P 500® Index, maturing on February 1, 2033. Each Note has a $1,000 face amount and offers 100% participation in positive index performance, capped by a 62.00% maximum gain (maximum payment $1,620 per Note).
If the index return is zero or negative, investors receive only the $1,000 face amount at maturity, with no additional return. The Notes pay no periodic interest and will not be listed on any exchange. The issuer’s estimated value is $951.20 per $1,000 at trade date, below the issue price due to commissions and hedging costs.
The Notes are unsecured, senior preferred obligations intended to qualify as eligible liabilities and are subject to German and EU resolution “bail‑in” powers. Any payment, including principal repayment, depends on Deutsche Bank’s credit; a resolution measure or default could result in partial or total loss of invested capital.
Deutsche Bank AG is offering senior unsecured fixed-rate callable notes paying 5.60% per year, priced at 100% of principal in $1,000 denominations. Interest is paid annually each February 13 from 2027 to 2046 on a 30/360 basis.
The notes mature on February 13, 2046 and are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on each February 13 and August 13 from 2028 through 2045, subject to regulatory approval. They will not be listed on any exchange.
Per $1,000 note, the public pays $1,000, the selling agent receives $50 in discounts and commissions, and Deutsche Bank receives $950 in proceeds for general corporate purposes. The notes are not deposits and are not insured by the FDIC or any government agency.
The notes are subject to European bank “Resolution Measures.” If Deutsche Bank is deemed non-viable, the competent authority may write down payments (including to zero), convert the notes into shares, amend terms, transfer or cancel the notes. Investors are deemed to consent to these measures and have no claim for losses from bail-in.
These senior preferred obligations rank ahead of Deutsche Bank’s senior non-preferred debt but remain unsecured, with no collateral or guarantee. Events of default are limited; there is no right to accelerate solely for missed payments, and failure to pay due to a Resolution Measure does not constitute default.
Deutsche Bank AG is offering unsecured, unsubordinated 5.50% fixed rate callable senior notes due February 13, 2039. The notes pay 5.50% per annum, with interest paid annually in arrears each February 13, starting in 2027, on a 30/360 day count basis.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes at par plus accrued interest on semiannual call dates every February 13 and August 13 from 2028 through 2038. The notes are not listed, not FDIC insured, and are issued in $1,000 denominations.
A key feature is exposure to European “Resolution Measures” (bail-in). If Deutsche Bank becomes non-viable or enters resolution, authorities may write down payments to zero, convert the notes into equity, amend their terms, or cancel them entirely, so investors may lose some or all principal and interest.
Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2036. The notes pay 5.25% interest per year, with payments each February 13 starting in 2027, and are issued at 100% of principal in $1,000 denominations.
Deutsche Bank may redeem the notes at its option at par plus accrued interest on semi-annual call dates beginning February 13, 2028. The notes are unsecured, unsubordinated obligations subject to EU "Resolution Measures," which can impose losses or convert the notes to equity, meaning investors could lose some or all of their investment.
Deutsche Bank is issuing $4,500,000 of 4.60% fixed-rate callable senior debt funding notes due July 30, 2032. The notes pay 4.60% interest per year on each January 30 from 2027 through 2032 and at maturity, using a 30/360 day-count convention.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on January 30 and July 30 dates from 2027 through 2032. The notes are unsecured, unsubordinated “senior preferred” obligations, not FDIC insured, and will not be listed on any exchange.
Investors expressly accept European “Resolution Measures,” meaning regulators can write down payments, convert the notes into equity or transfer or amend them if Deutsche Bank is deemed non‑viable, potentially causing a partial or total loss of invested principal and interest. Net proceeds of about $4,437,000 are for general corporate purposes.
Deutsche Bank is offering $2,996,000 of 5.55% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2056. The notes pay 5.55% interest per year, with payments made annually each January 30 starting in 2027.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on any January 30 or July 30 from 2031 through 2055. The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits. A European “Resolution Measure” (bail-in) could write down payments or convert the notes into equity, meaning investors may lose some or all of their principal and interest without this counting as an event of default.
The price to the public is $1,000 per note, with underwriting discounts and commissions of $28.50 per note, providing net proceeds to Deutsche Bank of $2,917,852 before expenses. The notes are not insured by the FDIC, will not be listed on any exchange, and are intended for institutional and professional investors rather than retail buyers in the EEA or UK.
Deutsche Bank AG is offering $8,000,000 of 5.30% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2036. The notes are issued at 100% of their $1,000 principal amount and pay 5.30% annual interest, beginning January 30, 2027, on a 30/360 basis.
Deutsche Bank 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 semi-annual optional redemption dates from January 30, 2028 through July 30, 2035. The notes are unsecured, unsubordinated "senior preferred" obligations ranking ahead of the bank’s senior non-preferred debt but behind certain protected deposits.
Holders are explicitly subject to European bank Resolution Measures, including potential write-down of payments to zero, conversion into equity of Deutsche Bank or another group entity, or other term changes. These measures would not constitute an event of default, and investors may lose some or all of their investment. The notes are not deposits and are not insured by the FDIC. Net proceeds of approximately $7,935,000 will be used for general corporate purposes.
Deutsche Bank AG is issuing $2,276,000 of unsecured, unsubordinated 5.00% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2034 at 100% of principal. Investors receive 5.00% annual interest on each January 30, starting in 2027, using a 30/360 day count.
The bank may redeem the notes at its sole discretion at 100% of principal plus accrued interest on semi-annual call dates each January 30 and July 30 from 2027 through July 30, 2033, subject to regulatory approval. The notes are not listed on any exchange and have a $1,000 minimum denomination.
The instruments rank as senior preferred, unsecured obligations and are subject to European “Resolution Measures” (bail-in), allowing regulators to write down payments or convert the notes into equity if Deutsche Bank becomes non-viable, which could result in partial or total loss of principal and interest. Net proceeds of approximately $2,257,016 will be used for general corporate purposes.
Deutsche Bank AG is offering fixed-rate callable senior notes paying 5.00% per annum, with interest paid annually each February 13 from 2027 until February 13, 2034, unless the notes are redeemed earlier. The notes are issued at 100% of principal in minimum denominations of $1,000.
The notes mature on February 13, 2034 but may be redeemed at the bank’s option at 100% of principal plus accrued interest on semiannual call dates starting February 13, 2028 through August 13, 2033, subject to regulatory approval. They are unsecured, unsubordinated “senior preferred” obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain protected deposits. The notes are not insured by the FDIC or any government agency and will not be listed on any exchange.
A key risk is that European “Resolution Measures” (bail-in) can write down payments to zero, convert the notes into equity, amend their terms, or transfer/cancel them if Deutsche Bank is deemed non‑viable. Holders consent to these powers, have limited acceleration and enforcement rights, and may lose some or all of their investment.
Deutsche Bank AG is issuing $6,500,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2039. The notes pay 5.25% interest per year, with payments made annually each January 30 starting in 2027, and are issued at 100% of face value in $1,000 denominations.
The bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual call dates each January 30 and July 30 from 2028 through 2038, subject to regulatory approval. These unsecured, unsubordinated notes are subject to European “Resolution Measures,” meaning a resolution authority can write down payments or convert the notes into equity if Deutsche Bank is deemed non‑viable, which could result in partial or total loss of principal. The notes are not FDIC‑insured, will not be listed on any exchange, and generate net proceeds of $6,331,000 to Deutsche Bank after $169,000 of underwriting discounts and commissions.
Deutsche Bank AG is offering $3,000,000 of 5.45% fixed-rate callable Senior Debt Funding Notes due July 30, 2045. The notes pay 5.45% per year on a 30/360 basis, with annual interest payments each January 30 from 2027 through 2045 and at maturity.
Deutsche Bank may redeem the notes at its option, in whole but not in part, at 100% of principal plus accrued interest on January 30 and July 30, starting January 30, 2029, subject to regulatory approval. The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but remain exposed to European “Resolution Measures.”
If Deutsche Bank is deemed non-viable, a resolution authority may write down payments on the notes, convert them into equity of Deutsche Bank, a group entity or a bridge bank, or transfer or amend the notes, which could result in partial or total loss of principal. The notes are not insured deposits, will not be listed on any securities exchange, and net proceeds of approximately $2,911,000 will be used for general corporate purposes.
Deutsche Bank AG is offering $1,679,000 of 5.75% fixed rate callable Senior Debt Funding Notes due January 30, 2051. The notes pay 5.75% per year, with interest paid annually each January 30 starting in 2027, using a 30/360 day count.
Deutsche Bank may redeem the notes in whole at 100% of principal plus accrued interest on semi-annual optional redemption dates from January 30, 2028 through July 30, 2050, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations, not deposits, and are not insured by the FDIC or any government agency.
Under European bank resolution rules, a Resolution Measure could write down payments on the notes, convert them into shares, amend terms, or cancel them entirely, without this being an event of default, so holders could lose some or all of their investment. The notes are not listed on any exchange, are intended for institutional markets (with EEA/UK retail sales prohibited), and net proceeds of approximately $1,668,247 before hedging will be used for general corporate purposes.
Deutsche Bank is offering $3,500,000 of 5.10% fixed rate callable Senior Debt Funding Notes due January 30, 2036. The notes pay 5.10% interest per year, with payments each January 30 starting in 2027, and may be redeemed at par by the bank from January 30, 2030, on semi-annual call dates, subject to regulatory approval.
The notes are unsecured, unsubordinated obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain protected deposits. They are subject to European “resolution measures,” including bail-in, which can write down or convert the notes to equity, and investors have limited acceleration and enforcement rights. The notes are not FDIC-insured, are sold at $1,000 per note, and generate $3,456,000 in net proceeds for general corporate purposes.
Deutsche Bank AG is offering $17,004,790 of Trigger Autocallable GEARS linked to the Russell 2000® Index, maturing on January 30, 2031. These unsecured senior preferred notes pay no interest or dividends and depend entirely on index performance and the bank’s credit.
The notes may be automatically called on February 4, 2027 if the index is at or above 2,653.546, paying $11.10 per $10 note (an 11.00% Call Return), with no further upside. If not called and the index is above its initial level at final valuation, maturity payment equals $10 plus the index return times 1.45 Upside Gearing.
If the index is flat or down but at or above the 1,990.160 Downside Threshold (75% of the initial level), investors receive back the $10 Face Amount. If the index closes below this threshold at final valuation, repayment is reduced one-for-one with the negative index return, up to a total loss of principal. The issuer’s estimated value is $9.733 per $10, reflecting fees, hedging costs and an internal funding rate, and the securities can be written down or converted into equity under European “Resolution Measures,” creating additional loss risk.
Deutsche Bank is offering $3,000,000 of 4.55% fixed rate callable senior debt funding notes due January 30, 2031. The notes pay 4.55% interest per year, on January 30 of each year starting in 2027, on a 30/360 day-count basis.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on semiannual optional redemption dates from January 30, 2027 through July 30, 2030. The notes are unsecured, unsubordinated obligations and are not insured or guaranteed by the FDIC or any government agency.
Investors are deemed to consent to potential European “Resolution Measures,” including bail-in powers that can write down payments to zero, convert the notes into equity or transfer or amend them. In an insolvency or resolution scenario, investors may lose some or all of their principal and interest. Net proceeds of approximately $2,987,000 will be used for general corporate purposes.
Deutsche Bank AG is offering fixed rate callable senior debt funding notes with a 5.60% annual coupon, priced at 100% of principal and maturing on February 13, 2056. Interest is paid annually each February 13, starting in 2027, using a 30/360 day count.
The notes are unsecured, unsubordinated “senior preferred” obligations, not deposits and not FDIC insured. Deutsche Bank may redeem them at 100% of principal plus accrued interest on semiannual call dates beginning February 13, 2031. Investors explicitly accept EU “Resolution Measures,” including potential write-down or conversion to equity, meaning holders can lose some or all principal and interest without a traditional event of default.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due February 13, 2051. The notes are issued at 100% of principal, in minimum denominations of $1,000, with investors paying $1,000 per note and Deutsche Bank receiving net proceeds of $950 per note after underwriting discounts.
The notes pay 5.50% annual interest, calculated on a 30/360 basis and paid each February 13, starting in 2027 until maturity or earlier redemption. Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole (but not in part) at par plus accrued interest on any February 13 or August 13 from February 13, 2036 through August 13, 2050.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of Deutsche Bank’s senior non-preferred instruments but behind certain deposits and other higher-ranking liabilities in an insolvency or resolution. They are not bank deposits and are not insured by the FDIC or any governmental agency, and they will not be listed on any securities exchange.
A key feature is exposure to European “Resolution Measures” under the BRRD and German law. If Deutsche Bank is deemed non-viable, a resolution authority may write down payments on the notes (including to zero), convert them into equity of Deutsche Bank, a group entity or bridge bank, or alter or cancel the notes. Investors are deemed to consent to these Resolution Measures, which are not events of default, and may lose some or all of their investment with no acceleration rights for missed payments caused by such measures.
Deutsche Bank AG is offering unsecured, unsubordinated Senior Debt Funding Notes paying a fixed 5.15% annual coupon, due February 13, 2036, in $1,000 denominations at 100% of principal.
The notes are callable at the bank’s option at par plus accrued interest on each February 13 and August 13 from February 13, 2030 through August 13, 2035, subject to regulatory approval, and will not be listed on any exchange. Investors are exposed to European “Resolution Measures” (bail-in), meaning a resolution authority may write down payments, convert the notes into equity, amend terms, or cancel the notes, which can result in losing some or all of the investment.
Per note, the price to the public is $1,000, selling concessions total $40, and net proceeds to Deutsche Bank are $960, to be used for general corporate purposes. The notes rank as senior preferred debt above the bank’s senior non‑preferred instruments but remain unsecured and are not insured by any government agency.
Deutsche Bank AG is offering 4.50% fixed-rate senior unsecured notes due February 13, 2031. The notes pay interest annually in arrears each February 13, starting February 13, 2027, using a 30/360 day-count convention, and may be redeemed at par on semi-annual optional redemption dates from February 13, 2027 to August 13, 2030, together with accrued interest, subject to regulatory approval.
Each note has a $1,000 Issue Price, with a $30 per-note selling concession, resulting in $970 in proceeds per note to Deutsche Bank before expenses. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits. They are subject to European “Resolution Measures,” including potential write-down to zero or conversion into equity if Deutsche Bank is deemed non-viable, and such measures would not constitute an event of default. Investors have limited acceleration rights and must generally hold to maturity to ensure principal repayment. The notes are not FDIC-insured, will not be listed on any exchange, are intended as eligible liabilities for regulatory purposes, and are restricted from sale to retail investors in the EEA and UK.
Deutsche Bank AG is issuing $21,200,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 29, 2035. Investors receive 5.00% annual interest, paid each January 29 from 2027 through 2035 and at maturity, using a 30/360 day-count convention.
The notes are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on each January 29 and July 29 from July 29, 2027 to January 29, 2035. They are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non‑preferred debt but below certain deposits.
Resolution powers under EU and German law allow regulators to write down payments on the notes, convert them into equity, or transfer or amend them if Deutsche Bank is deemed non‑viable, meaning investors could lose some or all of their investment without this being an event of default. There is no right to accelerate the notes for non‑payment; insolvency proceedings are the sole event of default. The notes will not be listed, and net proceeds of about $20.7 million, after $496,750 in underwriting discounts and commissions, will be used for general corporate purposes.
Deutsche Bank AG is offering 4.30% Fixed Rate Callable Senior Debt Funding Notes due February 6, 2030. Each note has a $1,000 principal amount and is sold at 100% of face value, with initial discounts and commissions of $30 per note, resulting in $970 in proceeds to the bank per note.
The notes pay 4.30% annual interest, calculated on a 30/360 basis and paid each February 6, starting in 2027 until maturity or earlier redemption. Deutsche Bank 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 semi-annual call dates every February 6 and August 6 from August 6, 2027 through August 6, 2029.
The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits. Under European “Resolution Measures,” regulators may write down payments on the notes, convert them into equity, or modify or cancel them if the bank is deemed non‑viable, and such actions would not constitute an event of default. The notes are not FDIC-insured, will not be listed on an exchange, and are intended only for non‑retail investors in the EEA and UK.
Deutsche Bank AG is issuing $4,324,000 of 5.50% fixed rate callable Senior Debt Funding Notes due January 23, 2051. The notes pay interest annually in arrears every January 23, starting January 23, 2027, on a 30/360 day-count basis.
Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates every January 23 and July 23 from January 23, 2030 through July 23, 2050, subject to regulatory approval. 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 highly ranked liabilities.
Under EU bank resolution rules, the notes may be subject to "Resolution Measures," including being written down, cancelled, or converted into equity, without this constituting an event of default. Investors can lose some or all of their investment and have limited rights to accelerate or challenge such measures. The notes are not insured deposits, will not be listed on an exchange, and proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due February 11, 2041. The notes pay 5.50% per annum, with interest paid annually in arrears each February 11, starting in 2027, on a 30/360 day-count basis. They are issued in $1,000 denominations at 100% of principal, with the agent receiving $40 per $1,000 and Deutsche Bank receiving $960 in proceeds per note.
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. Deutsche Bank may, subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on semiannual call dates every February 11 and August 11 from 2028 through August 11, 2040. The notes are not listed on any exchange and are not insured by the FDIC or any government agency.
A key risk is that the notes are fully subject to European bank Resolution Measures, including the “bail-in” tool. The competent resolution authority can write down payments (including to zero), convert the notes into equity, amend or cancel them, and such actions will not constitute an event of default. Holders waive claims against the trustee for actions taken to implement a Resolution Measure and have no right of acceleration for non-payment, meaning investors could permanently lose some or all of their investment. Net proceeds are for Deutsche Bank’s general corporate purposes, and the offering is restricted from retail investors in the EEA and UK.
Deutsche Bank AG is issuing $2,494,000 of 4.30% Fixed Rate Callable Senior Debt Funding Notes due January 23, 2031 at 100% of principal, with net proceeds of $2,464,578 after selling commissions. The notes pay 4.30% interest annually each January 23, starting in 2027, on a 30/360 basis.
The bank may redeem the notes in whole at par plus accrued interest on any January 23 or July 23 from 2027 through July 23, 2030, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations, ranking ahead of the issuer’s senior non-preferred debt but behind covered deposits and certain other higher‑ranking liabilities.
Holders explicitly accept potential “Resolution Measures” under EU and German law, including write-down to zero or conversion into equity if the bank is deemed non‑viable, and such actions will not constitute an event of default. Investors have limited enforcement and no acceleration rights for payment defaults, and the notes are not insured, not listed on any exchange, and are offered primarily to non‑retail investors in the EEA and UK. Proceeds are for general corporate purposes.
Deutsche Bank AG is offering $100,000 of Trigger Autocallable Contingent Yield Notes linked to nearby-month WTI Light Sweet Crude Oil futures on CME, maturing on January 24, 2028. The Notes pay a 10.00% per annum Contingent Coupon (about $0.25 per $10 Note per quarter) only if, on each quarterly observation date, the WTI futures “Closing Value” is at or above a Coupon Barrier set at $45.26, which is 75% of the Initial Underlying Value of $60.34. If on any call observation date the Closing Value is at or above the Initial Underlying Value, the Notes are automatically called and repay face value plus that quarter’s coupon.
If the Notes are not called and, on the final valuation date, WTI futures are at or above the Downside Threshold of $45.26, investors receive the $10 face amount per Note plus the final coupon. If WTI finishes below the Downside Threshold, repayment is reduced dollar-for-dollar with the negative Underlying Return, down to zero, and no coupons are paid for periods when the barrier is not met. The Notes are unsecured senior preferred obligations of Deutsche Bank AG, subject to its credit risk and to EU “Resolution Measures,” including potential write-down or conversion to equity. The issuer’s estimated value is $9.775 per $10 Face Amount, below the $10 issue price, and the Notes will not be listed on any exchange.
Deutsche Bank AG is offering Trigger Autocallable Contingent Yield Notes linked to nearby month WTI Light Sweet Crude Oil futures traded on CME, with a Face Amount of $10 per Note and a term of approximately two years to on or about January 24, 2028. On each quarterly Coupon Observation Date, investors receive a Contingent Coupon only if the futures Closing Value is at or above a Coupon Barrier set at 75% of the Initial Underlying Value; otherwise no coupon is paid. If on any Call Observation Date the Closing Value is at least equal to the Initial Underlying Value, the Notes are automatically called and repay $10 per Note plus the applicable Contingent Coupon. If not called, and on the Final Valuation Date the futures level is at or above the 75% Downside Threshold, investors receive $10 per Note plus the final Contingent Coupon; if it is below that threshold, repayment is reduced in line with the negative Underlying Return, down to zero in a severe decline, so investors may lose all principal. The indicative Contingent Coupon Rate ranges from 5.00% to 11.00% per annum, the minimum investment is $1,000, the Notes will not be listed, and all payments are subject to Deutsche Bank’s credit and potential European “Resolution Measure” bail-in powers. The Issuer’s estimated value is approximately $9.54 to $9.825 per $10.00 Face Amount, below the Issue Price due to commissions, funding and hedging costs.
Deutsche Bank AG is issuing $7,747,000 of Senior Debt Funding Market Linked Notes linked to an unequally weighted equity index basket and maturing on January 21, 2031. Each Note has a $1,000 Face Amount and pays no coupons. At maturity, if the Basket Return is positive, holders receive $1,000 plus the Basket Return multiplied by the 113.25% Participation Rate. If the Basket Return is zero or negative, holders receive only the $1,000 Face Amount.
The Basket weights are 40% EURO STOXX 50, 25% Nikkei 225, 17.5% FTSE 100, 10% Swiss Market Index and 7.5% S&P/ASX 200. The Notes are unsecured senior preferred obligations intended to qualify as eligible liabilities and may be written down or converted into equity under European resolution rules, so investors could lose their entire investment. The Notes are sold at $1,000 with $35 in discounts and commissions per Note, for issuer proceeds of $965 per Note, and an estimated value on the trade date of $915.90 per $1,000, below the Issue Price. The Notes will not be listed on any securities exchange.
Deutsche Bank AG is offering Trigger Autocallable GEARS, unsecured senior preferred notes linked to the Russell 2000® Index, with a Face Amount of $10 per Security and term to about January 30, 2031. If on the February 4, 2027 Observation Date the index closes at or above the Autocall Barrier, equal to 100% of the Initial Underlying Value, the notes are automatically called and pay a fixed Call Price of $11.10 per Security, reflecting an 11.00% Call Return, with no further upside participation.
If not called and the index shows a positive Underlying Return at final valuation, investors receive $10 plus that return multiplied by an Upside Gearing between 1.36 and 1.56. If the index is flat or down but at or above a Downside Threshold set at 75% of the Initial Underlying Value, only principal is repaid. If the Final Underlying Value is below the Downside Threshold, repayment is reduced one-for-one with the index loss, up to a total loss of principal. The notes pay no interest or dividends, have an estimated value of $9.674 to $9.898 per $10 at pricing, will not be listed on an exchange, and all payments are subject to Deutsche Bank’s credit and EU bail-in style Resolution Measures.
Deutsche Bank AG is offering senior unsecured Market Linked Notes tied to the S&P 500® Index, maturing on or about February 1, 2033. Each Note has a $1,000 Face Amount and a 100% participation rate, with upside limited by a Maximum Gain set on the trade date in a range of 59.00% to 64.00%, implying a maximum payment of $1,590 to $1,640 per Note at maturity.
If the index return is positive, investors receive $1,000 plus the index return multiplied by the participation rate, capped at the Maximum Gain. If the index return is zero or negative, Deutsche Bank will repay only the $1,000 Face Amount at maturity, and investors earn no positive return. The Notes pay no periodic interest and will not be listed on any exchange.
The Issuer estimates the value of each Note on the trade date at approximately $921.80 to $943.30, below the $1,000 issue price, reflecting dealer compensation, funding costs and hedging. All payments are subject to Deutsche Bank AG’s credit and to potential EU “Resolution Measures”, including possible write-down or conversion to equity, meaning investors could lose some or all of their investment.
Deutsche Bank AG is issuing $1,699,000 of 5.50% fixed rate senior debt funding notes maturing on January 20, 2041. The notes pay interest annually each January 20, starting in 2027, at a 5.50% per annum rate using a 30/360 day count. Deutsche Bank may redeem them at its option at 100% of principal plus accrued interest on semi-annual call dates every January 20 and July 20 from 2027 through July 2040, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits. Net proceeds of about $1,683,058 will be used for general corporate purposes. Investors consent to potential European bank “Resolution Measures,” including write-down or conversion to equity, which means some or all of the investment may be lost without this being an event of default. The notes will not be listed on any securities exchange.
Deutsche Bank AG is offering 5.55% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2056. The notes pay interest annually in arrears each January 30, starting in 2027, at a fixed 5.55% per annum based on a 30/360 day count. The bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual optional redemption dates beginning January 30, 2031, subject to regulatory approval.
The notes are unsecured, unsubordinated obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain protected deposits. They are subject to European “Resolution Measures,” including potential write-down or conversion to equity if the bank becomes non-viable, and such measures would not constitute an event of default. Per-note pricing shows a $1,000 issue price, with $50 in discounts and commissions and $950 in proceeds to the issuer. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is issuing $11,000,000 of 4.50% fixed-rate callable senior debt funding notes due January 16, 2031. The notes pay 4.50% interest per year, with payments made annually each January 16 starting in 2027, and may be redeemed at Deutsche Bank’s option at 100% of principal on semiannual call dates from January 16, 2027 through July 16, 2030.
Investors pay $1,000 per note; after $7.50 per note in discounts and commissions, Deutsche Bank expects net proceeds of $10,928,000 for general corporate purposes. The notes are unsecured, unsubordinated "senior preferred" obligations and are subject to European bank resolution powers, including possible write-down or conversion to equity, and offer limited rights of acceleration or challenge if a Resolution Measure or insolvency occurs. The notes are not insured by any government agency and will not be listed on any securities exchange.
Deutsche Bank AG is offering 5.30% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2036. The notes pay interest at 5.30% per annum, on an unadjusted 30/360 basis, with annual interest payments each January 30 starting in 2027. The notes are issued at 100% of principal, with a per-note price to the public of $1,000, underwriting discounts and commissions of $40, and proceeds to the issuer of $960 per note.
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 semi-annual optional redemption dates each January 30 and July 30 from January 30, 2028 through July 30, 2035. The notes are unsecured, unsubordinated “senior preferred” obligations, not insured by any government agency, and will not be listed on any securities exchange.
Investors are deemed to consent to potential Resolution Measures under EU and German bank resolution rules, including write-down of payments (possibly to zero), conversion into equity, or other actions, without this constituting an event of default. There is no right of acceleration for payment or covenant defaults, and recovery rights are limited. Proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering $2,738,000 of 5.00% fixed rate callable senior debt funding notes due January 20, 2034. The notes pay interest annually in arrears each January 20, starting January 20, 2027, on a 30/360 day count basis, and are issued at 100% of their $1,000 principal amount per note. Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual optional redemption dates from January 20, 2027 through July 20, 2033.
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. Investors expressly consent to potential EU “Resolution Measures,” including write-down of payments to zero or conversion into equity, which would not constitute an event of default and could result in losing some or all of the investment. There is no right of acceleration for payment defaults, the notes are not FDIC insured, will not be listed on any exchange, and net proceeds of approximately $2,715,977 will be used for general corporate purposes.
Deutsche Bank AG is issuing $12,700,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 16, 2039, at 100% of principal, in $1,000 denominations. Interest is paid annually each January 16, starting in 2027, and the bank may redeem the notes in whole at par plus accrued interest on semi-annual optional redemption dates from January 16, 2028 through July 16, 2038.
The notes are unsecured, unsubordinated "senior preferred" obligations, ranking ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities. They are subject to European bank Resolution Measures, including write-down or conversion to equity if the bank is deemed non-viable, which means investors can lose some or all of their investment without this being treated as a default.
The offering is distributed by affiliate Deutsche Bank Securities Inc., which receives $25 per $1,000 note, leaving net proceeds of $12,387,500 for general corporate purposes. The notes are not insured by the FDIC or any government agency, have limited events of default with no acceleration for payment defaults or Resolution Measures, are not listed on any exchange, and are not intended for retail investors in the EEA or UK.