On 7 April 2009, the eighth series of Deutsche Bank AG, London, structured certificates debuted on the Warsaw Stock Exchange parallel market. The specifications of the certificates is the same as that of the instruments previously introduced by this issuer to the WSE but they have different maturity and different barrier determination dates. The coupon value was set at 14%.
The main instrument parameters are as follows:- nominal amount – PLN 100;
- issue price – 100% of the nominal amount;
- maturity date – 2 March 2012;
- listed on the parallel market in the continuous quotation system;
- quoted in PLN.
Certificate specification:
The structure of the instrument is the same as that of the preceding seven series of Deutsche Bank AG express certificates listed on the WSE. In the case of the eighth series, the issuer determined the Barrier Level equal to 70% of the Initial Reference Level, i.e., the closing level of WIG20 on 2 March 2009.
Barrier Determination Dates
The express certificates give the issuer the option of early redemption. The issuer may decide to redeem the certificates on the following dates:- 2 March 2010
- 2 March 2011
- 2 March 2012
http://www.pl.x-markets.db.com/PL/showpage.asp?pageid=244&inrnr=245
