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Investment Banking & Investment Services
Financial
ETN
As of September 20, 2016, DB German Bund Futures ETN has gone out of business. DB German Bund Futures ETN is an exchange traded note launched by Deutsche Bank AG (London). The note seeks to track the monthly performance of the DB USD Bund Futures Index. The index represents the fixed income markets of Germany. It tracks the long positions in Euro-Bund Futures. The index tracks government issued debt securities with a maturity of not less than 8 years and 6 months and not more than 10 years and 6 months. The ETN will mature on March 31, 2021. It was formerly known as PowerShares DB German Bund Futures ETN. DB German Bund Futures ETN was formed on March 22, 2011 and is domiciled in the United States.
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