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 $5,616,000 of 5.10% fixed-rate callable senior notes due January 16, 2036.
The notes pay 5.10% interest per year, with payments each January 16 starting in 2027, and may be redeemed at 100% of principal plus accrued interest on semiannual call dates from January 16, 2030 through July 16, 2035, subject to regulatory approval. They are unsecured, unsubordinated “senior preferred” obligations, not insured by the FDIC, and will not be listed on any securities exchange.
Holders accept EU “Resolution Measures,” meaning a resolution authority could write down payments to zero, convert the notes into equity, or amend terms without this being an event of default, so investors could lose some or all of their investment. Events of default are limited, there is no payment-acceleration right for missed payments, and net proceeds of about $5.56 million will be used for general corporate purposes.
Deutsche Bank AG is issuing $5,800,000 of 5.30% fixed-rate Senior Debt Funding Notes due January 16, 2036, at $1,000 per note, with net proceeds of $5,751,800 for general corporate purposes. Interest is paid annually in arrears each January 16 from 2027 to 2036, based on a 30/360 day count.
The notes are unsecured, unsubordinated “senior preferred” obligations, not insured by any government agency, and may be redeemed at Deutsche Bank’s option at par plus accrued interest on semi-annual optional redemption dates from January 16, 2028 to July 16, 2035, subject to regulatory approval. Investors explicitly consent to potential European bank “Resolution Measures,” under which a resolution authority may write down payments on the notes, convert them into equity, transfer or amend them, without this constituting a default, meaning holders could lose some or all of their investment and have limited enforcement and acceleration rights.
Deutsche Bank AG is offering $3,500,000 of 5.75% fixed-rate callable senior debt funding notes due January 20, 2051. The notes pay 5.75% interest per year, with payments made each January 20 from 2027 until maturity, using a 30/360 day count. Deutsche Bank may redeem the notes in whole at 100% of principal plus accrued interest on any January 20 or July 20 from 2028 through 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 protected deposits. Investors explicitly consent to potential “Resolution Measures,” including write-down or conversion into equity if the bank is deemed non-viable, which could result in partial or total loss. There is no right to accelerate the notes for payment defaults, and any early redemption or termination requires approval from the resolution authority. The notes are not insured, will not be listed on an exchange, and net proceeds of about $3,478,250 will be used for general corporate purposes.
Deutsche Bank AG is offering $6,200,000 of 5.45% Fixed Rate Callable Senior Debt Funding Notes due July 16, 2045. The notes pay 5.45% interest per year on each January 16, starting in 2027, with principal repaid at maturity if not redeemed earlier. Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on any January 16 or July 16 from 2029 through 2045, subject to regulatory approval.
The notes are unsecured, unsubordinated “senior preferred” 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 write-down or conversion to equity, which could result in a partial or total loss and does not constitute an event of default. There is no right of acceleration for payment defaults, and the notes are not FDIC insured. Net proceeds of approximately $6,020,000 will be used for general corporate purposes.
Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2039. The notes pay interest at 5.25% per year, with payments made annually each January 30, 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 100% of principal plus accrued interest on semi-annual call dates each January 30 and July 30 from 2028 through 2038. The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities.
Holders are expressly subject to European "Resolution Measures" and the bail-in tool, meaning the notes can be written down, cancelled, or converted into equity if the bank is deemed non-viable, without this being an event of default. There is no acceleration right for missed payments, and secondary market value may be volatile. The issue price is $1,000 per note, with a $40 selling concession and $960 in proceeds to Deutsche Bank before expenses.
Deutsche Bank AG is offering 5.45% fixed-rate callable senior debt funding notes due July 30, 2045. The notes pay interest at 5.45% per annum, calculated on a 30/360 basis and paid annually each January 30 starting in 2027, with a final payment on maturity unless the notes are redeemed earlier.
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 every January 30 and July 30 from January 30, 2029 through January 30, 2045. The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities.
Investors explicitly consent to potential Resolution Measures under EU and German bank resolution law, including write-down of payments to zero or conversion into equity if Deutsche Bank becomes non-viable, without constituting an event of default. Holders have limited enforcement and no acceleration rights for payment defaults, and the notes will not be listed on any securities exchange. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.75% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2051. The notes pay fixed interest of 5.75% per year, calculated on a 30/360 basis and paid annually each January 30, starting on January 30, 2027, until maturity or earlier redemption.
The notes are issued at 100% of principal with a minimum denomination of $1,000. For each $1,000 note, the price to the public is $1,000.00, dealer discounts and commissions are $50.00, and proceeds to Deutsche Bank are $950.00. 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 30 and July 30 from January 30, 2028 through July 30, 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 higher-ranking liabilities. They are not insured by the FDIC or any government agency and will not be listed on any securities exchange. Under European bank resolution rules, the notes are subject to "Resolution Measures" or bail-in, meaning a resolution authority can write down payments, convert the notes into equity, transfer or amend them, or cancel them entirely. Investors have limited events of default and no right to accelerate the notes for payment defaults, and payment failures resulting from a Resolution Measure will not constitute a default. The notes are intended to qualify as eligible liabilities under EU capital rules, and proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.10% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2036. Each note has a $1,000 principal amount, priced at 100% of face value, with interest of 5.10% per year paid annually each January 30, starting in 2027. The bank may redeem the notes early at 100% of principal plus accrued interest on semiannual call dates from January 30, 2030 through July 30, 2035.
For each $1,000 note, Deutsche Bank expects to receive $960 in proceeds after paying $40 in discounts and commissions, to be used for general corporate purposes. 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 very senior liabilities in insolvency.
These notes carry significant regulatory resolution risk. Investors are deemed to consent to potential “Resolution Measures”, including write-down of payments to zero, conversion into equity, transfer, amendment or cancellation if the bank is considered non-viable. Such actions are not events of default, there is no payment-default acceleration right, and investors may lose some or all of their investment. The notes are not insured by the FDIC, are not listed on any exchange, and are not intended for retail investors in the EEA or UK.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2034. The notes pay interest annually in arrears at a fixed 5.00% per annum, calculated on an unadjusted 30/360 day count basis, in minimum denominations of $1,000.
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 semi-annual optional redemption dates from January 30, 2027 through July 30, 2033. The notes are unsecured, unsubordinated “senior preferred” obligations, not insured by the FDIC or any government agency, and will not be listed on any securities exchange.
The notes are expressly subject to European bank Resolution Measures, including bail-in powers that can write down payments to zero, convert the notes into equity, transfer or amend them, without constituting an event of default. Holders waive certain rights against the trustee and have no right of acceleration for payment or covenant defaults, and may lose some or all of their investment if insolvency or Resolution Measures occur. Net proceeds are for general corporate purposes, and distribution involves conflicts of interest as the selling agent DBSI is an affiliate.
Deutsche Bank AG is offering 4.60% Fixed Rate Callable Senior Debt Funding Notes due July 30, 2032. The notes are issued at 100% of principal, in $1,000 denominations, and pay interest at 4.60% per annum on January 30 of each year, starting January 30, 2027, using a 30/360 day count convention. Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on January 30 and July 30 each year from January 30, 2027 through January 30, 2032, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations and are not insured by any government agency. They are subject to European bank resolution rules: a competent resolution authority may apply a Resolution Measure, including writing down payments (potentially to zero), converting the notes into equity of Deutsche Bank or another entity, or transferring, amending, or cancelling the notes. Such actions would not constitute an event of default, and holders have no acceleration rights for payment defaults. In insolvency or resolution, the notes bear losses after senior non-preferred instruments but before certain deposits, so investors may lose some or all of their investment. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 4.55% Fixed Rate Callable Senior Debt Funding Notes due January 30, 2031. The notes pay interest at 4.55% per annum, calculated on a 30/360 basis and paid annually each January 30, starting in 2027. The notes are issued at 100% of principal in minimum denominations of $1,000 and are unsecured, unsubordinated "senior preferred" obligations.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest, in whole but not in part, on semiannual optional redemption dates each January 30 and July 30 from 2027 through July 30, 2030, subject to regulatory approval. The notes are not listed on any securities exchange and are intended to qualify as eligible liabilities instruments under EU capital rules.
Holders explicitly consent to potential Resolution Measures under EU bank resolution law, including write-down (possibly to zero), conversion into equity or other changes to the terms, which would not constitute an event of default. Events of default are limited to the opening of German insolvency proceedings, and there is no right to accelerate for payment or covenant defaults. The notes are not insured by any governmental agency, and net proceeds are for general corporate purposes.
Deutsche Bank AG is issuing $5,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 12, 2036. The notes pay interest of 5.25% per year, calculated on a 30/360 basis and paid semi-annually each January 12 and July 12, starting July 12, 2026.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on any January 12 or July 12 from January 12, 2027 through July 12, 2035. The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and highly protected liabilities.
Investors explicitly consent to potential “Resolution Measures”, including write-down of payments or conversion into equity if the bank is deemed non-viable, which can result in partial or total loss. Events of default and acceleration rights are very limited. The notes are not FDIC-insured. Net proceeds of about $4,975,000 will be used for general corporate purposes.
Deutsche Bank AG is offering $7,224,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2051. The notes are issued at 100% of their $1,000 principal amount, pay fixed interest of 5.50% per annum once a year each January 9 starting in 2027, and are not listed on any exchange.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole at par plus accrued interest on semi-annual optional redemption dates every January 9 and July 9 from January 9, 2030 through July 9, 2050. 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 explicitly consent to potential regulatory “Resolution Measures,” including write-down of payments to zero, conversion into equity, transfer, amendment or cancellation of the notes. Such actions would not constitute an event of default, and holders have limited acceleration and enforcement rights. The notes are not bank deposits and are not insured by the FDIC or any government agency. Net proceeds of about $7.03 million will be used for general corporate purposes.
Deutsche Bank AG is issuing $17,100,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 9, 2035. The notes pay 5.00% interest per year, with payments made annually each January 9 starting in 2027, and a final payment on July 9, 2035, unless redeemed earlier.
Deutsche Bank may redeem the notes at 100% of principal plus accrued interest on semiannual call dates each January 9 and July 9 from July 9, 2027 through January 9, 2035, 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 protected deposits and similar liabilities in an insolvency or resolution.
Investors are expressly subject to European “Resolution Measures,” which allow regulators to write down payments on the notes, convert them into equity or transfer or amend them; such actions would not constitute a default, and investors could lose some or all of their investment. The notes are not insured by the FDIC or any government agency. They are offered at $1,000 per note, with $22.50 per note in selling concessions, resulting in net proceeds of $16,721,000 to Deutsche Bank for general corporate purposes.
Deutsche Bank AG is issuing $4,000,000 of 4.30% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2031. The notes pay fixed interest of 4.30% per year, calculated on a 30/360 basis and paid annually each January 9, starting January 9, 2027, until maturity or earlier redemption.
Deutsche Bank can, in its sole discretion and subject to regulatory approval, redeem the notes in whole at 100% of principal plus accrued interest on any January 9 or July 9 from January 9, 2027 through July 9, 2030. The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities in insolvency or resolution.
Investors expressly agree that the notes may be subject to European "Resolution Measures," including write-down to zero, conversion into equity, transfer, amendment or cancellation, without this constituting a default, meaning holders could lose some or all of their investment. There is no right of acceleration for payment defaults, and the notes are not insured by the FDIC or any government agency. Net proceeds of approximately $3,952,000 (after $48,000 in discounts and commissions) will be used for general corporate purposes.
Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 12, 2036. The notes pay interest at 5.25% per annum, calculated on a 30/360 basis and paid semi-annually each January 12 and July 12, starting July 12, 2026.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities. They are callable at the issuer’s option at 100% of principal, plus accrued interest, on semi-annual optional redemption dates from January 12, 2027 through July 12, 2035, subject to regulatory approval.
Investors are deemed to consent to potential Resolution Measures, including write-down or conversion of the notes into equity if the bank is deemed non-viable, which could lead to partial or total loss. The notes are not insured by the FDIC, will not be listed on any exchange, are issued in $1,000 minimum denominations, and proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 29, 2035. The notes pay a fixed interest rate of 5.00% per annum, with interest paid annually in arrears each January 29 starting in 2027, and on the maturity date, using a 30/360 day count convention.
The notes are unsecured, unsubordinated "senior preferred" obligations ranking ahead of the bank’s senior non-preferred debt but behind certain deposits. Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on any January 29 or July 29 from July 29, 2027 to January 29, 2035, subject to regulatory approval. The price to the public is $1,000 per note, with DBSI receiving a $40 discount and Deutsche Bank receiving $960 in proceeds per note before expenses. Investors accept broad "Resolution Measure" powers, including potential write-down or conversion to equity, and have limited acceleration and enforcement rights, meaning they could lose some or all of their investment.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due January 23, 2051. The notes pay fixed interest of 5.50% per annum, calculated on a 30/360 basis and paid annually in arrears each January 23, beginning January 23, 2027.
The notes are senior unsecured, rank ahead of the bank’s senior non-preferred debt and are intended to qualify as eligible liabilities under EU capital rules. Deutsche Bank may redeem them at its option at 100% of principal plus accrued interest on any January 23 or July 23 from January 23, 2030 through July 23, 2050. Investors are explicitly subject to EU “Resolution Measures,” including bail-in, which can write down payments or convert the notes to equity, and these outcomes do not constitute an event of default, meaning holders may lose some or all of their investment. The notes are not FDIC-insured and will not be listed on any securities exchange.
Deutsche Bank AG is offering 4.30% Fixed Rate Callable Senior Debt Funding Notes due January 23, 2031. The notes are issued at 100% of principal, in $1,000 denominations, and pay 4.30% annual interest each January 23, 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 January 23 and July 23 from 2027 through July 23, 2030, 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 higher-ranking liabilities.
Investors explicitly accept potential EU resolution “bail-in” powers: regulators can write down payments on the notes, convert them into equity or transfer or amend them, and such actions are not events of default. There is no right to accelerate payment for missed interest or principal other than upon German insolvency proceedings. The notes are not FDIC insured, will not be listed on an exchange, and are intended for non-retail investors in the EEA and UK.
Deutsche Bank AG is offering unsecured senior preferred Market Linked Notes tied to an unequally weighted basket of five equity indices: the EURO STOXX 50®, Nikkei 225, FTSE® 100, Swiss Market Index and S&P/ASX 200. The basket weights range from 40.00% for the EURO STOXX 50® to 7.50% for the S&P/ASX 200, with an Initial Basket Value of 100.00.
The Notes have a term of approximately 5 years, with a Trade Date of January 16, 2026 and a Maturity Date of January 21, 2031. Each Note has a Face Amount and issue price of $1,000, with $35 in discounts and commissions and $965 in proceeds to the issuer per Note. If the Basket Return is positive, investors receive $1,000 plus the Basket Return multiplied by a Participation Rate set between 110.00% and 115.00%. If the Basket Return is zero or negative, only the $1,000 Face Amount is repaid at maturity.
The issuer’s estimated value on the Trade Date is approximately $910.00 to $960.00 per $1,000.00, below the issue price, reflecting commissions and hedging costs. The Notes pay no interest or dividends, will not be listed on an exchange, and are subject to Deutsche Bank’s credit risk and potential “Resolution Measures,” including write-down or conversion, so investors could lose some or all of their investment.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due January 20, 2041, at an issue price of 100% of the $1,000 principal amount per note. Interest is paid annually in arrears each January 20, starting in 2027, based on 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 deposits and other higher-ranking liabilities in insolvency or resolution. Deutsche Bank may redeem the notes at its sole discretion, in whole but not in part, at 100% of principal plus accrued interest on semi-annual optional redemption dates each January 20 and July 20 from January 20, 2027 through July 20, 2040, subject to regulatory approval.
Investors are deemed to consent to EU “Resolution Measures,” including potential write-down or conversion of the notes to equity, which may result in partial or total loss and will not constitute an event of default. There is no acceleration right for payment defaults, other than upon German insolvency proceedings. The notes will not be listed, are not insured by the FDIC, and are intended for institutional and professional investors, with sales to EEA and UK retail investors prohibited.
Deutsche Bank AG is issuing $6,500,000 of 5.15% fixed-rate senior debt funding notes due December 31, 2035. The notes are priced at 100% of principal in minimum denominations of $1,000, pay interest annually in arrears each December 31 starting in 2026, and are callable at the bank’s option at 100% of principal plus accrued interest on semiannual call dates from December 31, 2029 through June 30, 2035, 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 higher-ranking liabilities such as covered deposits. They are subject to EU bank resolution powers, meaning a resolution authority can write down payments, convert the notes into equity, amend terms or cancel them entirely, without this constituting an event of default, so investors may lose some or all of their investment.
There is no right of acceleration for payment or covenant defaults; the sole event of default is the opening of German insolvency proceedings. The notes are not FDIC-insured, will not be listed on any exchange, and net proceeds of approximately $6,450,750 will be used for general corporate purposes.
Deutsche Bank AG is offering $7,200,000 of 5.75% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2045. The notes pay 5.75% interest per year, with payments made annually each December 31 starting in 2026, using a 30/360 day count convention.
Deutsche Bank can redeem the notes early, in whole but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates from December 31, 2027 through June 30, 2045, subject to regulatory approval. The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities in an insolvency or resolution.
Because of EU “Resolution Measures” rules, a resolution authority may write down payments on the notes, convert them into shares or transfer or amend them if Deutsche Bank becomes non-viable, and this would not be treated as an event of default. Investors have limited acceleration rights, must hold to maturity to be sure of principal repayment, and face potential loss of some or all of their investment.
Deutsche Bank AG is offering $5,859,000 of 5.45% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2045. The notes pay 5.45% annual interest, starting December 31, 2026, under a 30/360 day-count and are issued at $1,000 per note.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on each June 30 and December 31 from December 31, 2028 through June 30, 2045, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations and are not insured by any government agency.
Investors expressly consent to EU bank “Resolution Measures,” including possible write-down to zero, conversion into equity, or other changes, which means holders may lose some or all of their investment without a payment default. There is no right of acceleration for payment defaults, and the notes will not be listed on any securities exchange. Net proceeds of $5,702,550 are for general corporate purposes.
Deutsche Bank AG is issuing $3,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2037, at 100% of principal in $1,000 denominations. The notes pay 5.50% interest per year on the last day of December, starting December 31, 2026, and may be redeemed at 100% of principal plus accrued interest on semiannual dates from December 31, 2027 to June 30, 2037, at Deutsche Bank’s discretion and subject to regulatory approval.
The notes are unsecured, unsubordinated obligations ranking ahead of the bank’s senior non-preferred debt but behind certain protected deposits. They are subject to EU bank resolution “bail-in” powers, meaning a resolution authority can write down payments, convert the notes into equity, amend their terms or cancel them, and such actions are not events of default. Investors have limited acceleration rights, no collateral, and may lose some or all of their investment. The notes are unlisted, distributed by affiliate Deutsche Bank Securities Inc., generate net proceeds of $2,977,500 to the issuer, and are intended only for non-retail investors in the EEA and UK.
Deutsche Bank AG is offering $3,750,000 of 4.60% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2030. The notes are issued at 100% of principal, in $1,000 denominations, and pay fixed interest of 4.60% per year on the last calendar day of each December, starting December 31, 2026, 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 the last calendar day of each June and December from December 31, 2026 through June 30, 2030, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities in insolvency or resolution. They are subject to European “Resolution Measures,” including write-down or conversion to equity, which may result in partial or total loss and does not constitute an event of default. Events of default are limited to the opening of German insolvency proceedings, with no acceleration right for missed payments. The notes are not FDIC-insured, will not be listed on any exchange, and net proceeds of $3,737,125 are for general corporate purposes.
Deutsche Bank AG is offering $4,886,000 of 5.30% fixed rate callable senior debt funding notes due December 31, 2035. The notes pay interest of 5.30% per annum, with payments made once a year each December 31 starting in 2026.
Deutsche Bank may redeem the notes early, in whole but not in part, at 100% of principal plus accrued interest on semiannual call dates from December 31, 2027 through June 30, 2035, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations and are not insured by any government agency.
Under European bank resolution rules, a resolution authority can impose “Resolution Measures” on the notes, including writing down payments or converting them into equity, and this would not be a default. Investors have limited acceleration and enforcement rights, and may lose some or all of their investment if insolvency or a Resolution Measure occurs. Net proceeds of about $4,859,785 will be used for general corporate purposes.
Deutsche Bank AG is offering 5.75% Fixed Rate Callable Senior Debt Funding Notes due January 20, 2051. The notes pay interest at 5.75% per annum, with payments made annually each January 20, starting January 20, 2027, on a 30/360 day-count basis. 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 from January 20, 2028 through July 20, 2050, subject to regulatory approval.
The notes are unsecured, unsubordinated “senior preferred” obligations that rank ahead of Deutsche Bank’s senior non‑preferred debt, but behind certain deposits and other higher-ranking liabilities. They are subject to EU “Resolution Measures,” including bail‑in, which can write down payments or convert the notes into equity; this would not constitute an event of default, and investors could lose some or all of their investment. Events of default are limited to the opening of German insolvency proceedings, and there is no right of acceleration for payment or covenant defaults.
The notes are not insured deposits and will not be listed on any exchange. The issue price is $1,000 per note, with a $50 selling concession and $950 in proceeds to Deutsche Bank per note before expenses, to be used for general corporate purposes. Deutsche Bank Securities Inc., an affiliate, is the distributing agent, creating a conflict of interest addressed under FINRA Rule 5121. The notes are not intended for EEA or UK retail investors.
Deutsche Bank AG is offering unsecured, unsubordinated senior debt funding notes paying a fixed 5.00% annual coupon, with scheduled maturity on January 20, 2034. Interest is paid once a year every January 20, starting in 2027, using a 30/360 day count.
The notes are callable at the issuer’s option at 100% of principal plus accrued interest, in whole but not in part, on semi-annual optional redemption dates every January 20 and July 20 from 2027 through July 2033, subject to regulatory approval. Each note has a $1,000 issue price, with the public paying $1,000 per note, dealer compensation of $30 per note, and net proceeds of $970 per note to Deutsche Bank.
Holders accept potential application of European bank Resolution Measures, including write-down or conversion to equity, which can result in partial or total loss and does not constitute an event of default. The notes rank as senior preferred debt above senior non-preferred instruments but behind certain protected deposits. There is no listing, limited acceleration rights, and proceeds are for general corporate purposes.
Deutsche Bank AG is offering 5.10% Fixed Rate Callable Senior Debt Funding Notes due January 16, 2036. Each note has a $1,000 principal amount and an issue price of 100%, with interest paid annually in arrears every January 16 starting in 2027, using a 30/360 day count convention.
The bank may, in its sole discretion and subject to regulatory approval, redeem the notes at par plus accrued interest in whole (but not in part) on semi-annual optional redemption dates every January 16 and July 16 from 2030 through July 16, 2035. The notes are unsecured, unsubordinated obligations ranking ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities.
Holders are explicitly subject to EU bank Resolution Measures, including possible write-downs or conversion of the notes into equity, without this being an event of default. There is no right of acceleration for payment defaults, and investors may have limited remedies in a stress or insolvency scenario and could lose some or all of their investment.
Deutsche Bank AG is offering 4.50% Fixed Rate Callable Senior Debt Funding Notes due January 16, 2031. The notes pay a fixed 4.50% per annum, with interest paid annually each January 16 starting in 2027, using a 30/360 day count. Deutsche Bank may redeem the notes in whole, at its discretion, at 100% of principal plus accrued interest on semiannual call dates from January 16, 2027 through July 16, 2030, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities. They are subject to European bank Resolution Measures, including bail-in, which can write down payments to zero or convert the notes into equity; such actions do not constitute an event of default. Investors have limited acceleration rights, and payment failures caused by Resolution Measures cannot be enforced. The notes are not insured by the FDIC, will not be listed on an exchange, and are restricted from sale to retail investors in the EEA and UK.
Deutsche Bank AG is issuing $1,000,000 of 5.80% fixed-rate callable senior debt funding notes due December 30, 2050. The notes pay 5.80% interest per year, using a 30/360 day count, with annual payments each December 30 beginning in 2026.
Deutsche Bank may redeem the notes at its option, in whole but not in part, at 100% of principal plus accrued interest on semi-annual call dates every June 30 and December 30 from December 30, 2027 through June 30, 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 very senior liabilities in insolvency or resolution.
Investors explicitly consent to potential EU bank Resolution Measures, including bail-in: authorities may write down payments (including to zero), convert the notes into equity or transfer or amend them, without this constituting an event of default. There is no right of acceleration for payment defaults, and investors may lose some or all of their investment under a Resolution Measure. The notes are not deposits and are not insured by the FDIC or any government agency.
Deutsche Bank AG is issuing $4,000,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due December 30, 2033. The notes are issued at 100% of principal, pay 5.00% annual interest on each December 30 starting in 2026, and may be redeemed at the bank’s option at par plus accrued interest on each June 30 and December 30 from December 30, 2026 through June 30, 2033, subject to regulatory approval.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of Deutsche Bank’s senior non‑preferred debt but behind certain deposits and other highly ranked liabilities in insolvency or resolution. They are subject to European “Resolution Measures”, including bail‑in powers that can write down payments to zero, convert the notes into equity, amend their terms, or cancel them entirely, without constituting an event of default.
Investors have limited enforcement and no acceleration rights for payment defaults, and must hold to maturity to be sure of principal repayment. The notes are not FDIC‑insured, will not be listed on an exchange, and generate net proceeds of $3,962,000 for Deutsche Bank for general corporate purposes.
Deutsche Bank AG is offering 5.25% Fixed Rate Callable Senior Debt Funding Notes due January 16, 2039. The notes pay fixed interest of 5.25% per year, calculated on a 30/360 basis and paid annually on January 16, starting January 16, 2027, until maturity or earlier redemption.
Each note has a $1,000 principal amount, issued at 100% of principal, with per-note underwriting discounts of $40 and proceeds to the issuer of $960. 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 January 16 and July 16 of each year from January 16, 2028 through July 16, 2038.
The notes are unsecured, unsubordinated "senior preferred" obligations that are not insured by the FDIC or any government agency and will not be listed on an exchange. They are subject to European "Resolution Measures," including the bail-in tool, which can write down payments to zero or convert the notes into equity; such actions do not constitute an event of default, and holders have limited acceleration and enforcement rights. Net proceeds will be used for general corporate purposes, and the notes are not intended for retail investors in the EEA or UK.
Deutsche Bank AG is offering unsecured, unsubordinated senior debt funding notes paying a fixed 5.30% annual coupon, using a 30/360 day count. Interest is paid yearly on January 16, starting in 2027, and the notes mature on January 16, 2036, unless redeemed earlier.
The bank may, in its sole discretion and subject to regulatory approval, redeem the notes at par plus accrued interest in whole (not in part) on semiannual call dates every January 16 and July 16 from 2028 through 2035, after at least five business days’ notice. The notes are issued in $1,000 denominations and will not be listed on any securities exchange.
These "senior preferred" notes rank ahead of Deutsche Bank’s senior non-preferred debt but remain unsecured and are subject to European bank resolution powers. A Resolution Measure could write down payments to zero or convert the notes into equity, without constituting an event of default, so investors could lose some or all of their principal and interest. Events of default are very limited, there is no payment-acceleration right for missed payments, and the notes are not insured by the FDIC or any government agency. Net proceeds are for general corporate purposes, and the offering is distributed by affiliate Deutsche Bank Securities Inc. with related conflicts-of-interest and stabilization activities disclosed. Sales to retail investors in the EEA and UK are prohibited.
Deutsche Bank AG is offering 5.45% Fixed Rate Callable Senior Debt Funding Notes due July 16, 2045. The notes pay interest at 5.45% per annum, with payments made annually in arrears each January 16, starting January 16, 2027, using a 30/360 day count convention, and again at maturity.
Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes in whole (not in part) at 100% of principal plus accrued interest on semiannual call dates every January 16 and July 16 from January 16, 2029 through January 16, 2045. The issue price is $1,000 per note, with a $50 selling concession, so Deutsche Bank expects net proceeds of $950 per $1,000 note before other costs.
The notes are unsecured, unsubordinated “senior preferred” obligations that can be written down, converted to equity, amended or cancelled if European resolution authorities impose a Resolution Measure, which may result in a partial or total loss of principal and interest without constituting an event of default. Holders have limited enforcement and no acceleration rights for payment defaults, and the notes are not insured by any government agency.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due July 9, 2035. The notes pay interest at 5.00% per annum, calculated on an unadjusted 30/360 basis and paid annually each January 9 starting in 2027, with a final payment on maturity unless redeemed earlier.
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 in insolvency or resolution. 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 semiannual optional redemption dates every January 9 and July 9 from July 9, 2027 through January 9, 2035.
Investors expressly consent to potential EU Resolution Measures, including write-down of payments, conversion into equity, transfer, amendment, or cancellation of the notes, without this being an event of default, meaning investors could lose some or all of their investment. Events of default are limited and do not allow acceleration for payment or covenant defaults. The minimum denomination is $1,000, the issue price is $1,000 per note, and the notes will not be listed on any exchange. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is issuing $2,097,000 of 5.40% Fixed Rate Callable Senior Debt Funding Notes due December 23, 2040. The notes are issued at $1,000 per note, pay 5.40% annual interest in arrears each December 23 starting in 2026, and may be redeemed at the bank’s option at 100% of principal plus accrued interest on each June 23 and December 23 from 2027 to 2040.
The notes are unsecured, unsubordinated obligations ranking ahead of Deutsche Bank’s senior non-preferred instruments but behind certain protected deposits and other higher-ranking liabilities. They are not bank deposits and are not insured by the FDIC or any government agency and are not listed on any exchange.
Under EU “Resolution Measures” (bail-in) rules, a resolution authority can write down payments on the notes, convert them into equity, transfer or amend them, or cancel them entirely if Deutsche Bank is deemed non-viable. Investors agree to these terms, waive certain claims against the trustee, and accept no acceleration right for payment defaults. Net proceeds of approximately $2,069,443 will be used for general corporate purposes.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2051. The notes are issued at 100% of principal, in $1,000 denominations, with annual interest payments each January 9 starting January 9, 2027. They are callable at Deutsche Bank’s option at 100% of principal plus accrued interest on January 9 and July 9 from January 9, 2030 through July 9, 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 protected deposits and liabilities. Investors explicitly accept that, if the European resolution authority imposes a Resolution Measure, payments may be written down to zero, the notes may be converted into equity, transferred, amended or cancelled, and this will not constitute an event of default. There is no right of acceleration for missed payments; only the opening of German insolvency proceedings is an event of default. The price to the public is $1,000.00 per note, with $50.00 in discounts and commissions and $950.00 in proceeds to Deutsche Bank.
Deutsche Bank AG is offering 4.30% Fixed Rate Callable Senior Debt Funding Notes due January 9, 2031. The notes are issued at 100% of the $1,000 principal amount per note, pay fixed interest of 4.30% per annum, and make annual interest payments each January 9 starting in 2027 until maturity or earlier optional redemption.
Deutsche Bank may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on semi-annual call dates every January 9 and July 9 from January 9, 2027 through July 9, 2030, 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 in insolvency.
Holders explicitly consent to potential "Resolution Measures" under European bank resolution law, including write-down of payments to zero or conversion into equity, without this constituting an event of default. There is no right of acceleration for payment defaults, and investors may lose some or all of their investment if a Resolution Measure or insolvency occurs. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.45% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2045. The notes pay fixed interest of 5.45% per year, calculated on a 30/360 basis and paid each December 31, starting in 2026, on a $1,000 minimum denomination.
Deutsche Bank may redeem the notes in whole at 100% of principal plus accrued interest on the last day of each June and December from December 31, 2028 to June 30, 2045, in its sole discretion and subject to regulatory approval.
The notes are unsecured, unsubordinated senior preferred obligations ranking ahead of the bank's senior non-preferred debt but behind covered deposits and certain other liabilities, and are intended to qualify as eligible liabilities instruments under EU rules. They are subject to EU Resolution Measures, including bail-in, which can write down payments to zero, convert the notes into equity, amend terms or cancel the notes without this constituting an event of default, so investors could lose some or all of their investment. Events of default are limited, there is no acceleration right for payment or covenant defaults, the notes are not insured or collateralized, will not be listed, and net proceeds (issue price $1,000, dealer discount $50, issuer proceeds $950 per note) are for general corporate purposes.
Deutsche Bank AG is offering $1,000,000 of 4.55% Fixed Rate Callable Senior Debt Funding Notes due December 16, 2032, at 100% of principal.
The notes pay fixed interest of 4.55% per year, with payments each December 16 starting in 2026. Deutsche Bank may, subject to regulatory approval, redeem all of the notes at 100% of principal plus accrued interest on semi-annual optional redemption dates from June 16, 2027 to June 16, 2032. Proceeds to Deutsche Bank are $985,000, with $15,000 in underwriting discounts, and will be used for general corporate purposes.
The notes are unsecured, unsubordinated "senior preferred" obligations and are not insured deposits. Under EU bank resolution rules, a resolution authority may write down payments on the notes, convert them into equity, transfer or amend them, and such actions would not constitute an event of default, meaning investors could lose some or all of their investment and have limited rights to challenge resolution decisions. Events of default are limited, there is no right to accelerate for payment defaults, and secondary market prices may decline, so investors generally must hold to maturity to receive principal. The notes are not intended for retail investors in the EEA or UK.
Deutsche Bank AG is issuing $5,174,000 of 5.40% Fixed Rate Callable Senior Debt Funding Notes due December 16, 2045. The notes pay fixed interest of 5.40% per annum on each December 16, starting in 2026, and may be redeemed at Deutsche Bank’s option at 100% of principal plus accrued interest on semi-annual call dates beginning December 16, 2028.
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 in insolvency. Net proceeds of approximately $5,018,345 will be used for general corporate purposes.
Holders are expressly subject to European bank resolution powers: a Resolution Measure can write down payments or convert the notes into equity, and such action would not constitute an event of default. Investors have limited acceleration rights, the notes are not FDIC-insured, and they will not be listed on any securities exchange.
Deutsche Bank AG is issuing $1,000,000 of 5.10% Fixed Rate Callable Senior Debt Funding Notes due December 16, 2035, at 100% of principal. The notes pay fixed interest of 5.10% per year, on December 16 of each year from 2026 to maturity, based on a 30/360 day-count convention.
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 June 16 and December 16 of each year from December 16, 2027 through June 16, 2035. The notes are unsecured, unsubordinated "senior preferred" obligations, not deposits and not insured by any government agency, and will not be listed on any securities exchange.
Investors irrevocably consent to EU "Resolution Measures," including bail-in, which can write down payments to zero or convert the notes into equity, and such actions are not events of default. Enforcement and acceleration rights are limited, and investors may lose some or all of their investment. Deutsche Bank expects net proceeds of $991,250 after $8,750 of underwriting discounts, to be used for general corporate purposes.
Deutsche Bank AG is issuing $7,274,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due December 14, 2035. The notes pay 5.00% interest per year on each December 16 from 2026 through 2034 and at maturity, using a 30/360 day count.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on June 16 and December 16, starting December 16, 2029 and ending June 16, 2035, subject to regulatory approval. The notes are unsecured, unsubordinated “senior preferred” obligations ranking ahead of the bank’s senior non-preferred debt but behind certain protected deposits and other higher-ranking liabilities.
Investors are deemed to consent to EU “Resolution Measures,” including potential write-down of payments or conversion of the notes into equity, which could cause a partial or total loss. There is no right to accelerate repayment for payment defaults, and remedies are limited. The notes are offered in $1,000 denominations, will not be listed on any exchange, are not FDIC-insured, and provide net proceeds of $7,162,157 for general corporate purposes.
Deutsche Bank AG is issuing $5,114,000 of 5.70% Fixed Rate Callable Senior Debt Funding Notes due December 16, 2050. The notes pay fixed interest of 5.70% per annum on a 30/360 basis, with payments made annually each December 16 starting in 2026.
The notes are callable at Deutsche Bank’s option, in whole but not in part, at 100% of principal plus accrued interest on each June 16 and December 16 from December 16, 2027 through June 16, 2050, subject to regulatory approval. They 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 EU “Resolution Measures,” meaning a resolution authority may write down payments on the notes, convert them into equity, amend their terms, transfer them or cancel them, without this being an event of default. Holders have limited enforcement and no right to accelerate the notes for payment defaults. The issue price is $1,000 per note, with a $18 underwriting discount and $982 in proceeds per note, and net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering 5.30% Fixed Rate Callable Senior Debt Funding Notes due December 31, 2035. The notes are issued at 100% of their $1,000 principal amount and pay interest at 5.30% per annum, with payments made once a year each December starting December 31, 2026.
Deutsche Bank may redeem the notes early, in whole but not in part, at 100% of principal plus accrued interest on semiannual optional redemption dates from December 31, 2027 through June 30, 2035, subject to regulatory approval. The notes are unsecured, unsubordinated obligations that rank ahead of the bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities.
Holders accept that, under EU bank resolution rules, a Resolution Measure could write down payments on the notes or convert them into equity, and such action would not constitute an event of default. There is no right to accelerate the notes for payment or covenant defaults, and investors may lose some or all of their investment in a resolution or insolvency. The notes are not insured, will not be listed on any exchange, and net proceeds will be used for general corporate purposes.
Deutsche Bank AG is offering unsecured, unsubordinated senior debt funding notes paying a fixed 4.65% annual coupon, with interest paid semi-annually each June 12 and December 12 starting in 2026. The notes mature on December 12, 2030 but may be redeemed at Deutsche Bank’s option at par plus accrued interest on quarterly call dates from December 12, 2027 to September 12, 2030, subject to regulatory approval.
The notes rank as “senior preferred” unsecured obligations, ahead of the bank’s senior non-preferred debt but behind certain deposits. They are not insured by the FDIC or any government agency and will not be listed on any securities exchange. Investors explicitly consent to potential EU bail-in resolution measures, which can write down payments to zero, convert the notes into equity, amend terms, or cancel the notes, without constituting an event of default. Holders have very limited acceleration rights and may permanently lose some or all of their investment if resolution or insolvency measures are imposed.
The notes are issued in $1,000 minimum denominations at 100% of principal, with selling concessions of $5 per $1,000 and net proceeds to Deutsche Bank used for general corporate purposes.
Deutsche Bank AG, acting through its New York branch, is issuing $1,000,000,000 of fixed-to-floating rate senior debt funding notes due December 10, 2031. The notes are priced at 100% of face value, pay 4.469% fixed interest semi-annually until December 10, 2030, then pay a quarterly floating rate equal to Compounded SOFR plus 1.10%, with interest never below zero.
The notes are unsecured, unsubordinated “senior preferred” obligations that are not deposits and are not insured by the FDIC or any government agency. They can be redeemed at the issuer’s option at par plus accrued interest on December 10, 2030, and earlier in a cleanup call if 25% or less of the original issue remains outstanding, in each case only with prior approval from the resolution authority.
Because the notes are subject to European bank resolution rules, regulators can write down payments, convert the notes into equity, transfer them or amend their terms if the bank is considered non-viable, without this counting as a default and with limited investor enforcement rights. Net proceeds of about $997 million, after $3 million of selling commissions, will be used for general corporate purposes.
Deutsche Bank AG is offering 4.55% Fixed Rate Callable Senior Debt Funding Notes due December 16, 2032. The notes pay fixed interest of 4.55% per annum, calculated on a 30/360 basis and paid annually each December 16, starting in 2026, until maturity or earlier redemption.
The notes are unsecured, unsubordinated "senior preferred" obligations that rank ahead of Deutsche Bank’s senior non-preferred debt but behind certain deposits and other higher-ranking liabilities in insolvency. They are callable at the issuer’s option at 100% of principal plus accrued interest on each June 16 and December 16 from 2027 through June 16, 2032, subject to regulatory approval.
Holders are expressly subject to European bank resolution powers. A competent resolution authority may impose “Resolution Measures,” including writing down payments (possibly to zero), converting the notes into equity of Deutsche Bank or another entity, amending terms, transferring, or canceling the notes. Such measures do not constitute an event of default, and investors would have limited rights to challenge them or accelerate the notes, meaning they could lose some or all of their investment.