DB FRN 29DB FRN 29DB FRN 29

DB FRN 29

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Key terms


Outstanding amount
‪279.00 M‬USD
Face value
200,000.00USD
Minimum denomination
Coupon
7.63% (Variable)
Coupon frequency
Monthly
Yield to maturity
7.63%
Maturity date
Dec 20, 2029
Term to maturity
5 years

About DB FRN 29


Sector
Finance
Industry
Investment Banks/Brokers
Home page
Issue date
May 25, 2023
ISIN
XS2629058293
FIGI
BBG01GR93YJ6
Deutsche Bank AG is a stock corporation company, which engages in the provision of corporate banking, investment services, private banking, and asset management. The company is classified in the Commercial Banks and Capital Markets, as per ISS ESG’s sector classification. It operates through the following segments: Corporate Bank, Investment Bank, Private Bank, and Asset Management. The Corporate Bank segment offers cash management, trade finance and lending, foreign exchange, optimization of working capital and liquidity, securing global supply chains, and distribution channels to corporate and commercial clients; correspondent banking, trust and agency, and securities services to financial institutions; and business banking services to small corporate and entrepreneur clients. The Investment Bank segment is involved in origination and advisory businesses as well as fixed-income, currency, sales, and trading, which serves corporate and institutional clients. The Private Bank segment focuses on private bank Germany, private and commercial business international, and wealth management business units, as well as the International private bank, which also caters to commercial clients. The Asset Management segment refers to the investment solutions for individual investors and institutions through the DWS Group GmbH & Co. KGaA brand. The company was founded by Adelbert Delbrück on March 10, 1870 and is headquartered in Frankfurt, Germany.
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