Deutsche Bank has issued notes linked to funds managed by asset manager, Pimco, under its Euro Medium Term Notes (EMTN) programme. The notes, designed for fixed income investors, aim to outperform London Interbank Offered Rate (Libor) by up to 2.5%.
The notes are principal protected and carry a minimum redemption value of 100% at maturity. One form of the notes carries Libor-based coupons, the other form offers investors total return. Two tranches were launched in US dollars and two tranches