Deutsche Bank is offering $1,000,000 of 4.20% Fixed Rate Callable Eligible Liabilities Senior Notes due March 13, 2029 at an Issue Price of 100.00%. Interest is 4.20% per annum, paid annually on each March 13 beginning March 13, 2027. The notes are callable in whole (not in part) on semi-annual Optional Redemption Dates at 100% of principal, subject to regulatory approval and at least five business days’ notice. The offering price per note is $1,000.00, with proceeds to the issuer of $995,000.00 in the aggregate. The notes are unsecured, senior non-preferred obligations under German law, intended to qualify as eligible liabilities under the CRR, and carry explicit Resolution Measure / bail-in provisions that may write down or convert the notes if a competent resolution authority acts. The notes will not be listed and will be issued in global book-entry form through DTC.
Deutsche Bank AG is offering $1,000,000 of 5.25% Fixed Rate Callable Senior Debt Funding Notes due March 13, 2038. The notes pay interest annually at 5.25% per annum, are issued at par, have a $1,000 principal denomination and may be redeemed in whole at 100% on semi‑annual Optional Redemption Dates subject to regulatory approval.
Holders consent to the application of European Resolution Measures described herein, including possible write‑down or conversion to equity if Deutsche Bank is deemed non‑viable; such measures can extinguish some or all payments. The notes are unsecured, rank pari passu with other unsecured unsubordinated obligations, will not be listed, and are governed by New York law with ranking provisions under German law.
Deutsche Bank offers $1,567,000 5.00% Fixed Rate Callable Senior Debt Funding Notes due March 13, 2036. The notes pay interest at 5.00% annually beginning March 13, 2027, settle on March 13, 2026, and are callable on semi-annual Optional Redemption Dates at 100% of principal, subject to regulatory approval.
The notes are unsecured, rank pari passu with other unsecured and unsubordinated obligations, are offered in minimum denominations of $1,000, and include Resolution Measure provisions permitting write-down or conversion if a competent resolution authority determines the issuer is non-viable. Proceeds will be used for general corporate purposes.
Deutsche Bank AG offers $1,000 principal fixed-rate Eligible Liabilities Senior Notes due March 31, 2036 at an Issue Price of 100.00% carrying a 5.50% fixed annual interest rate, with interest paid annually and optional redemptions semi‑annually beginning March 31, 2027.
The notes are unsecured, senior non‑preferred obligations under German law and may be subject to Resolution Measures (including write‑down or conversion) under EU and German resolution regimes; holders may lose some or all of their investment if such measures or insolvency proceedings occur.
Deutsche Bank AG is offering 5.50% Fixed Rate Callable Senior Debt Funding Notes due March 30, 2051. The notes carry an Interest Rate of 5.50% per annum, an Issue Price of 100.00% and a $1,000 Principal Amount per note. Interest is payable annually on March 30, commencing March 30, 2027. The issuer may redeem the notes in whole on specified semi-annual Optional Redemption Dates beginning March 30, 2031 at 100% of principal, subject to regulatory approval. Trade date is on or about March 27, 2026 with settlement on or about March 30, 2026. The notes are unsecured, unsubordinated senior debt and are not listed.
Deutsche Bank AG is offering 5.00% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2034. The notes have a Principal Amount of $1,000 per note, an Issue Price of 100.00%, and pay interest at 5.00% annually beginning March 31, 2027. Settlement is expected on or about March 31, 2026 and the trade date is on or about March 27, 2026.
The issuer may redeem the notes in whole, but not in part, on semi-annual Optional Redemption Dates beginning March 31, 2028 at 100% of principal plus accrued interest, subject to regulatory approval. Net proceeds are for general corporate purposes. The notes are unsecured, rank pari passu with other unsecured and unsubordinated obligations, and are not listed.
Material investor risk: the notes are subject to European and German resolution regimes; competent resolution authorities may write down or convert the notes, which could cause holders to lose some or all of their investment.
Deutsche Bank AG offers a $1,000 principal fixed-rate eligible liabilities senior note due March 31, 2031. The notes pay interest at 4.75% annually, have an Issue Price of $1,000.00 (100.00%), and are callable at 100% on semi-annual Optional Redemption Dates subject to regulatory approval.
The notes are senior non-preferred obligations under German law and may be subject to statutory Resolution Measures, including write-down or conversion into equity, which could cause holders to lose some or all of their investment.
Deutsche Bank AG is offering 5.15% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2036 with an Issue Price of 100.00% and interest payable annually on March 31, commencing March 31, 2027.
The notes are callable in whole (not in part) on semi-annual Optional Redemption Dates beginning March 31, 2030 at 100% of principal subject to regulatory approval. Price to public is $1,000 per note, underwriter discounts and commissions are $40 per note, and proceeds to the issuer are $960 per note. Settlement is expected on or about March 31, 2026. The notes are unsecured, unsubordinated senior obligations, not listed, and may be subject to statutory Resolution Measures (including write-down or conversion) under applicable EU/German resolution regimes.
Deutsche Bank AG is offering 4.60% Fixed Rate Callable Senior Debt Funding Notes due March 31, 2031 at an Issue Price of $1,000 per note (100%) in minimum denominations of $1,000. Interest is paid annually, commencing March 31, 2027.
The notes are callable in whole at 100% on semi-annual Optional Redemption Dates beginning March 31, 2027, subject to regulatory approval. Proceeds are for general corporate purposes. The notes are unsecured, not listed, and are not FDIC insured. Holders consent to applicable Resolution Measures (including write-down or conversion) under relevant EU/German resolution regimes, which may result in loss of principal or interest.
Deutsche Bank AG submitted a Form 6-K to furnish its Annual Report 2025 and Pillar 3 Report 2025 as exhibits. The bank also filed its 2025 Annual Report on Form 20-F, which includes an SEC-specific version of the Annual Report.
The filing explains differences between the SEC and non-SEC versions, including the accounting basis under IFRS with the EU carve-out for macro hedges, changes in certain notes to the consolidated financial statements, and omission of sections not required for Form 20-F. It also describes the use of various non-GAAP financial measures and links them to the closest IFRS metrics.