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 $4,200,000 of 5.30% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2035. The notes pay fixed interest of 5.30% per annum, calculated on a 30/360 basis and paid each November 28, starting in 2026. Deutsche Bank may redeem the notes at its sole discretion at 100% of principal plus accrued interest on semiannual call dates every May 28 and November 28 from November 28, 2026 through May 28, 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 other highly senior liabilities. Investors explicitly consent to potential “Resolution Measures,” including write‑down or conversion into equity if regulators deem the bank non‑viable, and such actions will not constitute an event of default.
The offering price is $1,000 per note, with an underwriting discount of $5.50 per note, resulting in net proceeds of $4,185,700 to Deutsche Bank, to be used for general corporate purposes. The notes are not FDIC‑insured, have limited events of default and no acceleration rights for payment defaults, and will not be listed on any securities exchange.
Deutsche Bank AG is offering $4,553,810 of Trigger Autocallable GEARS, unsecured senior preferred notes linked to an unequally weighted equity index basket. Each Security has a $10 Face Amount and a term of approximately five years, maturing on November 27, 2030, unless automatically called earlier.
If on the December 2, 2026 Observation Date the Basket Closing Value is at or above the Autocall Barrier of 100, the notes are automatically called and investors receive a fixed Call Price of $11.40 per Security, reflecting a 14.00% Call Return, with no further upside participation.
If not called, and the Basket Return is positive at maturity, investors receive $10 plus the Basket Return multiplied by the 1.65 Upside Gearing. If the Basket Return is zero or negative but the Final Basket Value is at or above the Downside Threshold of 75, investors receive only the $10 principal. If the Final Basket Value is below 75, repayment is reduced one-for-one with the negative Basket Return, exposing investors to significant losses, up to a complete loss of principal.
The underlying 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 Issuer’s estimated value is $9.538 per $10 Face Amount, below the issue price, reflecting dealer compensation and hedging costs. Payments depend on Deutsche Bank AG’s credit and the notes may be written down or converted under European “Resolution Measure” rules.
Deutsche Bank AG is offering $1,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2040. The notes pay fixed interest of 5.50% per year, with payments made annually each November 28, starting in 2026, on a 30/360 day-count basis.
Deutsche Bank may redeem the notes early, in whole but not in part, at 100% of principal plus accrued interest on semi-annual call dates every May 28 and November 28 from November 28, 2026 through May 28, 2040, 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 deposits.
The notes are subject to European bank resolution rules. A resolution authority may write down payments to zero, convert the notes into equity, or transfer, amend or cancel them, and such actions would not be an event of default. There is no deposit insurance, limited rights to accelerate, potential for significant price declines before maturity, and investors may lose some or all of their investment.
Deutsche Bank AG is issuing $2,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2037. The notes pay 5.50% interest per year, with payments made annually on November 28, starting November 28, 2026, on a 30/360 day count basis.
Deutsche Bank may redeem the notes at its discretion in whole, but not in part, at 100% of principal plus accrued interest on each May 28 and November 28 from November 28, 2026 through May 28, 2037, 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 other higher-ranking liabilities.
These notes are subject to European “Resolution Measures,” including potential write-down of payments or conversion into equity if the bank is deemed non-viable, which could result in losing some or all of the investment. There is no right of acceleration for missed payments, and early redemption or termination requires prior approval of the resolution authority. The notes are offered at 100% of principal, with per-note proceeds of $996.00 to Deutsche Bank for general corporate purposes, will not be listed on any exchange, and are not insured by any governmental agency.
Deutsche Bank AG is issuing $3,127,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2035. The notes pay 5.00% interest per year, with payments made annually each November 28, starting in 2026, and are issued at 100% of principal in $1,000 denominations. Deutsche Bank may redeem the notes early at 100% of principal plus accrued interest on optional redemption dates every May 28 and November 28 from 2029 through May 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. They are subject to European “Resolution Measures,” meaning a regulator can write down payments, convert the notes into equity, amend terms, or cancel them entirely if the bank is deemed non-viable, without this counting as an event of default. Investors have limited acceleration rights, and must generally hold to maturity to be sure of full principal repayment.
Deutsche Bank AG is offering $2,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2035. The notes pay 5.25% interest per year, with payments each November 28 starting in 2026, using a 30/360 day count convention.
Deutsche Bank may redeem the notes at its option at 100% of principal on each May 28 and November 28 from 2027 to 2035, plus accrued interest, 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.
Under EU resolution rules, a competent authority may impose “Resolution Measures,” including writing down payments to zero, converting the notes into equity, or amending or cancelling the notes, without this constituting an event of default. Investors may have limited acceleration and enforcement rights and could lose some or all of their investment. The notes are not insured by the FDIC and are not intended for retail investors in the EEA or UK. Net proceeds of about $1,989,000 will be used for general corporate purposes.
Deutsche Bank AG is issuing $5,176,000 of 4.50% Fixed Rate Callable Senior Debt Funding Notes due November 27, 2030. The notes pay 4.50% interest per year on each November 28, starting in 2026, with principal repaid at maturity unless the bank redeems them earlier. Deutsche Bank may, in its sole discretion and subject to regulatory approval, redeem the notes at 100% of principal plus accrued interest on May 28 and November 28 from 2026 through May 28, 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. Under EU bank resolution rules, a resolution authority can impose "Resolution Measures," including writing down payments to zero or converting the notes into equity, without this being an event of default. There is no right to accelerate the notes for non‑payment apart from German insolvency proceedings. The notes are not insured by the FDIC, and net proceeds are for general corporate purposes.
Deutsche Bank AG is offering $3,394,000 of 5.80% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2050. The notes pay 5.80% annual interest on November 28 of each year, starting in 2026, using a 30/360 day count.
Deutsche Bank may redeem the notes at its option at 100% of principal plus accrued interest on May 28 and November 28 of each year from 2027 through May 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 in an insolvency or resolution.
Holders expressly consent to potential European bank “Resolution Measures,” including write-downs or conversion of the notes to equity if the bank is deemed non-viable, which could result in a full loss of principal and interest without constituting an event of default. There is no right of acceleration for payment defaults, and the notes are not insured by the FDIC or any government agency. After underwriting discounts of $10 per $1,000 note, Deutsche Bank expects net proceeds of $3,371,125 for general corporate purposes.
Deutsche Bank AG is issuing $2,840,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2033. The notes pay 5.00% per annum, with interest paid annually each November 28, starting in 2026, based on a 30/360 day count convention.
The 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 each May 28 and November 28 from November 28, 2026 through May 28, 2033. 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 higher-ranking liabilities.
The price to the public is $1,000 per note, with underwriting discounts of $6.50 per note, resulting in net proceeds to Deutsche Bank of $2,823,050 before expenses. Investors accept significant resolution and bail-in risk: a resolution authority may write down payments, convert the notes into equity, amend their terms, or cancel them, without this constituting an event of default, which means investors could lose some or all of their investment.
Deutsche Bank AG is offering $4,123,000 of 5.75% Fixed Rate Callable Senior Debt Funding Notes due November 28, 2045. The notes pay fixed interest of 5.75% per annum, with payments made annually each November 28 starting in 2026, and may be redeemed at the bank’s option at 100% of principal on semi-annual call dates beginning November 28, 2026, 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 an insolvency or resolution. They are subject to European bank Resolution Measures, including potential write-down or conversion to equity, which could result in partial or total loss of principal and interest without constituting an event of default. There is no right of acceleration for payment defaults, and the notes are not insured by the FDIC, not listed on any exchange, and are sold at $1,000 per note, with net proceeds of $4,086,000 used for general corporate purposes.
Deutsche Bank AG priced $2,235,000 of 4.85% Fixed Rate Callable Senior Debt Funding Notes due November 16, 2035. The notes pay 4.85% per year, with interest paid annually each November 17 from 2026 through 2034 and at maturity. The bank may redeem the notes at 100% of principal plus accrued interest on May 17 and November 17 of each year from November 17, 2029 through May 17, 2035, subject to regulatory approval.
The notes were offered at 100% of principal with $21.00 per-note underwriting discounts, resulting in net proceeds of $2,193,565 for general corporate purposes. They are unsecured, unsubordinated obligations, not FDIC insured, and will not be listed on any exchange. Investors consent to potential EU resolution “bail-in” measures that could write down payments or convert the notes into equity, and the notes feature limited events of default with no acceleration for payment defaults. Deutsche Bank Securities Inc., an affiliate, acted as agent, implicating FINRA Rule 5121 conflicts-of-interest provisions.
Deutsche Bank AG launched a preliminary 424B2 for 5.00% Fixed Rate Callable Senior Debt Funding Notes due October 31, 2035. The notes pay 5.00% per annum, with interest paid annually each October 31, starting October 31, 2026, using an unadjusted 30/360 convention. Issue price is 100% of principal.
The issuer may redeem the notes in whole, not in part, at 100% of principal plus accrued interest on the last calendar day of each April and October, from April 30, 2027 through April 30, 2035, by giving at least five business days’ notice, subject to regulatory approval. Maturity is October 31, 2035, and the notes are not listed.
Per-note economics: Price to public $1,000, underwriting discount $40, and proceeds to the issuer $960. Deutsche Bank Securities Inc., an affiliate, acts as agent, with FINRA Rule 5121 conflict-of-interest provisions disclosed.
The notes are unsecured, unsubordinated obligations that are subject to EU resolution measures, including write-down or conversion to equity, and have limited acceleration rights. U.S. tax counsel expects treatment as fixed rate debt issued without OID, based on the stated facts.
Deutsche Bank AG is offering 4.90% Fixed Rate Callable Senior Debt Funding Notes due October 31, 2035. The notes are issued at 100.00% of principal and pay 4.90% per annum, with interest payable annually each October 31, starting October 31, 2026.
The issuer may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on the last calendar day of each April and October from April 30, 2027 through April 30, 2035, by giving at least 5 business days’ notice, subject to regulatory approval. Denominations are $1,000 and multiples thereof, and the notes will not be listed on any exchange.
Per $1,000 note, the price to the public is $1,000.00, the underwriting discount is $40.00, and proceeds to the issuer are $960.00. The notes are unsecured and unsubordinated (“senior preferred”) obligations that rank ahead of senior non‑preferred debt under German law. They are subject to European bank Resolution Measures (including potential write‑down or conversion), and provide limited enforcement remedies with no right of acceleration for payment defaults. Net proceeds will be used for general corporate purposes.
Deutsche Bank AG priced $3,557,000 of 4.60% Fixed Rate Callable Senior Debt Funding Notes due October 15, 2032. The notes pay 4.60% per annum on an unadjusted 30/360 basis, with interest paid annually each October 16 from 2026 through 2031, and at maturity.
The issuer may redeem the notes at 100% of principal, plus accrued interest, in whole (not in part) on the 16th calendar day of April and October, beginning April 16, 2027 and ending April 16, 2032, subject to regulatory approval. Issue price is 100% per note; underwriting discounts are $16.50 per note. Total proceeds to the issuer are $3,506,594, after $50,406 in discounts and commissions. The notes are unsecured, unsubordinated, not FDIC‑insured, and not listed on any exchange.
The notes are subject to EU resolution powers; a Resolution Measure could write down payments or convert the notes into equity, and would not constitute an event of default. Deutsche Bank Securities Inc., an affiliate, acts as agent, with FINRA Rule 5121 conflict‑of‑interest provisions applicable. Use of proceeds is for general corporate purposes.
Deutsche Bank AG is offering $7,465,000 of 5.00% Fixed Rate Callable Senior Debt Funding Notes due October 16, 2035. The notes pay interest annually in arrears each October 16, starting October 16, 2026, using an unadjusted 30/360 day count.
The issuer may redeem the notes, in whole but not in part, at 100% of principal plus accrued interest on April 16 and October 16 of each year from October 16, 2029 through April 16, 2035, in its sole discretion, by giving at least 5 business days’ notice, subject to regulatory approval.
The issue price is $1,000 per note. Underwriting discounts are $11.00 per note, with proceeds to the issuer of $989.00 per note, for total proceeds of $7,413,675 and total discounts of $51,325. The notes are unsecured, unsubordinated obligations (senior preferred rank) and are not FDIC insured or exchange‑listed.
Under EU bank resolution rules (BRRD/SRM), a Resolution Measure may be imposed, including write‑down to zero or conversion to equity; such measures would not constitute an event of default. Enforcement and acceleration rights are limited, and any early redemption requires prior approval of the competent resolution authority. Use of proceeds: general corporate purposes.
Deutsche Bank AG is offering $12,000,000 of 5.50% Fixed Rate Callable Senior Debt Funding Notes due October 16, 2045. The notes pay 5.50% per annum, with interest paid annually on October 16, starting October 16, 2026. The issuer may redeem the notes in whole, but not in part, at 100% of principal plus accrued interest on April 16 and October 16 of each year from October 16, 2028 to April 16, 2045, subject to regulatory approval and at least 5 business days’ notice.
The price to the public is $1,000 per note, with underwriting discounts of $25 per note, resulting in proceeds to the issuer of $975 per note. Total proceeds before expenses are $11,700,000, to be used for general corporate purposes. These unsecured, unsubordinated obligations are subject to potential EU bank resolution measures, including write-down or conversion (“bail-in”), and are not insured by the FDIC. The notes are not listed and provide limited acceleration rights; an insolvency proceeding is the sole event of default.