Deutsche Bank 20-Year CMS Slope Steepener Notes (Cusip: 25152RUY79)

Deustche Bank 20-Year CMS Slope Steepener Notes (Cusip: 25152RUY79)Did You Invest in Deutsche Bank 20-Year CMS Slope Steepener Notes (Cusip:25152RUY79) due March 15, 2033?

According to Deutsche Bank 20-Year CMS Slope Steepener Notes (Cusip:25152RUY79):

The notes will pay interest quarterly in arrears for the first year at a fixed rate of 8.50% per annum and, unless redeemed by us, will pay interest thereafter at a rate per annum equal to 4.2 times the value of the spread between the 30-Year Constant Maturity Swap (“CMS”) Rate and the 5-Year CMS Rate minus 0.50%, subject to the Maximum Interest Rate of 8.50% per annum and the Minimum Interest Rate of 0.00% per annum.

After the first year, if the 30-year CMS Rate does not exceed the 5-year CMS Rate by more than 0.50% on any Interest Determination Date, you will receive no interest during the affected interest period.

Investors ought to be cautious with this type of investment. According to the Financial Industry Regulatory Authority (FINRA):

FINRA-Structured-Products


If you bought the structured product known as Deutsche Bank 20-Year CMS Slope Steepener Notes (Cusip:25152RUY79) due March 15, 2033, and it was sold to you as a safe, liquid, and/or conservative investment, and then you suffered losses, you may have a claim. Contact the attorneys at Sonn Law Group for free consultation.

Image credit: Elliot Brown via Flickr

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