Obligation Deutsch Bank London 6.7% ( XS1013738197 ) en ZAR

Deutsch Bank London

100 % ⇌

Allemagne

XS1013738197 ( en ZAR )

6.7% par an ( paiement annuel )

14/01/2021 - Obligation échue

Prospectus brochure de l'obligation Deutsche Bank (London Branch) XS1013738197 en ZAR 6.7%, échue

20 000 ZAR

250 000 000 ZAR

Deutsche Bank (London Branch) est une succursale de la Deutsche Bank AG, opérant à Londres et fournissant une gamme complète de services bancaires d'investissement et de gestion de fortune à une clientèle internationale.

L'Obligation émise par Deutsch Bank London ( Allemagne ) , en ZAR, avec le code ISIN XS1013738197, paye un coupon de 6.7% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 14/01/2021

Series
1385
Tranche
2

27
March
2014
Final Terms
ZAR 50,000,000 Fixed Rate Notes due 14 January 2021
to be consolidated and form a single series with the ZAR 50,000,000 Fixed Rate Notes due 14
January 2021 issued on 14 January 2014 (the "Original securities")

issued by Deutsche Bank Aktiengesellschaft acting through its London pursuant to the
Euro 80,000,000,000
Debt Issuance Programme
dated 28 June 2013
of Deutsche Bank Aktiengesellschaft
Issue Price: 88.50 per cent.
Issue Date: 27 March 2014
These Final Terms have been prepared for the purpose of Article 5 (4) of the Directive 2003/71/EC of the
European Parliament and of the Council of 4 November 2003, as amended, and must be read in conjunction
with the Base Prospectus dated 28 June 2013 (including the documents incorporated into the Prospectus
by reference and any supplements to the Prospectus) (the "Prospectus") pertaining to the Euro
80,000,000,000 Debt Issuance Programme of Deutsche Bank Aktiengesellschaft (the "Programme") and
the supplement(s) dated 5 July 2013, 1 August 2013, 29 August, 4 November 2013, 20 December 2013, 7
January 2014, 12 February 2014 and 26 February 2014. The Prospectus (and any supplements to the
Prospectus) are available for viewing in electronic form on the website of the Luxembourg Stock Exchange
(www.bourse.lu) and on the website of the Issuer (www.db.com/ir). Full information on Deutsche Bank
Aktiengesellschaft and the offer of the Securities is only available on the basis of the combination of the
Prospectus, any supplement and these Final Terms.
1

Part I: Terms and Conditions
The Conditions are as set out below:
This Part I. of the Final Terms is to be read in conjunction with the set of Terms and Conditions that apply
to Floating Interest Securities. Capitalised terms shall have the meanings specified in the Conditions.
All references in this Part II. of the Final Terms to numbered Sections and Paragraphs are unless stated
otherwise to sections and paragraphs of the Conditions.
The blanks in the provisions of the Terms and Conditions which are applicable to the Securities shall be
deemed to be completed by the information contained in these Final Terms as if such information were
inserted in the blanks of such provisions. All provisions in the Terms and Conditions corresponding to
items in these Final Terms which are either not selected or completed or which are deleted shall be
deemed to be deleted from the Terms and Conditions applicable to the Securities (the "Conditions").

1. GOVERNING
LAW
English Law
2. TYPE
OF
SECURITIES

Legal type
Bearer Securities
3.
[CURRENCY, DENOMINATION,] [CERTIFICATE RIGHT,] FORM, CERTAIN DEFINITIONS (§ 1)
Currency and Denomination

Specified Currency
South African Rand ("ZAR")
Aggregate Principal Amount

(i) Series
ZAR 50,000,000

(ii) Tranche
ZAR 100,000,000

The Securities will, on or after 6 May 2014 and
upon the exchange of the Temporary Global Note
for the Permanent Global Note, be consolidated
and form a single Series with the Original Securities
(the "Exchange Date").
Specified Denomination(s)
ZAR 20,000 and increments of ZAR 10,000
thereafter
Calculation Amount
ZAR 10,000
Number of Securities
Not applicable
Form of Bearer Securities

Neither TEFRA D nor TEFRA C
Permanent Global Security
Global securities(s) to be in NGN form
Yes
Clearing System
Clearstream Banking société anonyme,
2

Luxembourg ("CBL")

Euroclear Bank S. A./N. V. Brussels ("Euroclear")
4.
STATUS (§ 2)

Status of Securities
Unsubordinated
5.
INTEREST (§ 3)

A.1
Fixed Rate Securities
Applicable
Rate of Interest, Interest Periods and Interest Payment Dates
Interest Commencement Date
14 March 2014
Rate(s) of Interest
6.70 per cent. per annum
Interest Period End Date(s)
14th day of each month, from and including 14 April
2014 up to, and including, the Maturity Date
Interest Periods
The period from (and including) the Interest
Commencement Date to (but excluding) the first
Interest Period End Date and thereafter from (and
including) each Interest Period End Date to (but
excluding) the next following Interest Period End
Date

Unadjusted Interest Periods
Business Day
London, New York and Johannesburg

Following Business Day following each Interest

Period End Date
Interest Amount

Fixed Coupon Amount
ZAR 55.83 per Calculation Amount
Initial Broken Interest Amount
Not applicable
Final Broken Interest Amount
Not applicable
Interest Payment Date for Initial Broken Interest
Not applicable
Amount
Interest Payment Date for Final Broken Interest
Not applicable
Amount
Total Broken Interest Amount
Not applicable
Calculation Basis
Each Calculation Amount
Day Count Fraction
30/360
3

6. PAYMENTS
(§
4)

Relevant Financial Centre(s) (for determining

the Payment Business Day)
London, New York and Johannesburg
7.
REDEMPTION (§ 5)

Redemption at Maturity
Applicable

Maturity Date
14 January 2021

Redemption Amount
Calculation Amount

Redemption in Instalments
Not applicable

Early Redemption at the Option of the Issuer
Not applicable

Early Redemption at the Option of a

Securityholder
Not applicable

Automatic Redemption
Not applicable

Early redemption upon the occurrence of a Regulatory Event
Not applicable

Redemption for Illegality
Applicable

Certain Definitions

Early Redemption Unwind Costs
Standard Early Redemption Unwind Costs

8.
TERMS FOR CALCULATION OF THE

REDEMPTION AMOUNT (§6)
Not applicable

9.
MARKET DISRUPTION (§7)
Not applicable

10. ADJUSTMENTS,
EXTRAORDINARY
Not applicable
EVENTS AND TERMINATION (§8)
11.
FISCAL AGENT/PAYING AGENT(S)/CALCULATION AGENT/DETERMINATION AGENT (§ [6]
[9])

Fiscal Agent
Deutsche Bank AG, London Branch

12.
TAXATION (§ [7] [10])
No

13.
NOTICES (§ [12] [15])

Publication
Applicable

Financial Times in London

Notice deemed to have been validly given on
Date of publication or, if published more than once,
4

date of first such publication

Notification to Clearing System
Applicable

Notice to Clearing System deemed to have been
The day on which the notice was given to the
validly given on
Clearing System§ 15 applies

14.
RESOLUTIONS OF SECURITYHOLDERS (§ [14] [17])
Matters not subject to resolutions
None

16.
LANGUAGE OF CONDITIONS (§ [16] [19])
English only

17.
PROVISIONS FOR CREDIT LINKED

SECURITIES GOVERNED BY ENGLISH

LAW, PORTUGUESE LAW OR SPANISH

LAW
Not applicable

18.
PROVISIONS FOR CREDIT LINKED

SECURITIES GOVERNED BY GERMAN

LAW
Not applicable

5

Part II: Additional Information
1.
ADMISSION TO TRADING, LISTING AND DEALING ARRANGEMENTS

Listing(s) and admission to trading
Yes, application is expected to be/ made by the
Issuer (or on its behalf) for the Securities to be
listed and admitted to trading on the exchange
and/or market set out below. No assurance can be
given that such listing and admission to trading will
be obtained

Official List of the Luxembourg Stock Exchange

Regulated Market of the Luxembourg Stock
Exchange

In the case of Securities which are interchangeable
Applicable
with Securities that are already issued, indicate that
The Original Securities have already been admitted
the Securities already issued are admitted to
to listing on the Luxembourg Stock Exchange
trading on an exchange.

Expected date of admission
with effect from the Issue Date

Estimate of the total expenses related to admission
EUR 2,805
to trading
2. RATINGS

The Securities have been rated by Standard &
S&P:
A
Poor's Credit Market Services France SAS ("S&P")

(the "Rating Agency") as follows:
The Rating Agency is established in the European
Community and is registered under Regulation (EC)
No 1060/2009 of the European Parliament and of
the Council of 16 September 2009 on credit rating
agencies. As such the Rating Agency is included in
the list of credit rating agencies published by the
European Securities and Markets Authority on its
website in accordance with such Regulation.
3.
INTEREST OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER
Save for the fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue or
offering of the Securities has an interest material to the issue or the offering.
4.
INFORMATION CONCERNING THE SECURITIES TO BE OFFERED / ADMITTED TO
TRADING

Estimated net proceeds
ZAR 44,370,972.22

Estimated total expenses of the issue
EUR 2,805
5. YIELD
Applicable

8.956 per cent. per annum

6

The yield is calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of
future yield.
6.
INFORMATION ON THE UNDERLYING[S]
Description of underlying interest rates
Not applicable
7.
TERMS AND CONDITIONS OF THE
Not applicable
OFFER

8. DISTRIBUTION

Method of distribution
Non-syndicated

If non-syndicated, name of relevant Dealer:
Deutsche Bank AG, London Branch

Settlement Instructions
Delivery against payment
9. SECURITIES
IDENTIFICATION

NUMBERS

Common Code
On the Issue Date, the temporary Common Code
will be 105066619. Following consolidation with the
Existing Notes, the Common Code will be
101373819

ISIN Code
On the Issue Date, the temporary ISIN Code will be
XS1050666194. Following consolidation with the
Existing Notes, the ISIN Code will be
XS1013738197

10. EUROSYSTEM
ELIGIBILITY

Intended to be held in a manner which would allow
No
Eurosystem eligibility.

Deutsche Bank Aktiengesellschaft
acting through its London Branch

7