Bond DEUTSCHE BANK AG 4.9% ( DE000DB6GJN1 ) in EUR

Issuer DEUTSCHE BANK AG
Market price 100 %  ⇌ 
Country  Germany
ISIN code  DE000DB6GJN1 ( in EUR )
Interest rate 4.9% per year ( payment 1 time a year)
Maturity 17/09/2007 - Bond has expired



Prospectus brochure of the bond DEUTSCHE BANK AG DE000DB6GJN1 in EUR 4.9%, expired


Minimal amount /
Total amount /
Detailed description Deutsche Bank AG is a German multinational investment bank and financial services corporation headquartered in Frankfurt, offering a wide range of financial products and services to corporate and institutional clients globally.

The Bond issued by DEUTSCHE BANK AG ( Germany ) , in EUR, with the ISIN code DE000DB6GJN1, pays a coupon of 4.9% per year.
The coupons are paid 1 time per year and the Bond maturity is 17/09/2007







[BASE PROSPECTUS] [FINAL TERMS]

for
Warrants
Notes
Certificates
Deutsche Bank AG [London]
[Up to] [Quantity] [X-PERT] [WAVE[s]] [Return] [XXL] [Discount-]
[[Double][·]Chance-] [BestChance-] [Winner-] [Parachute-] [Renewable
Opportunity] [Express] [Bonus-[·]] [Outperformance] [Callable] [Perpetual]
[Certificates] [Knock-Out-Warrants] [Warrants] [Reverse Convertible] [Conditional
Coupon] [Swing] [Notes] [each WKN/ISIN]
relating to [insert details of the Underlying]
TM
Issued under its
Programme
[Issue Price: [Amount] [·] per [X-PERT] [WAVE] [Return] [XXL] [Discount]
[[Double][·]Chance] [BestChance] [Winner] [Parachute] [Renewable Opportunity]
[Express] [Bonus-[·]] [Outperformance] [Callable] [Perpetual] [Certificate] [Knock-
Out-Warrant] [Warrant] [Reverse Convertible] [Conditional Coupon] [Swing] [Note]
[WKN/ISIN]
Issuer (the "Issuer") of the securities described in [this Base Prospectus] [these Final Terms] is Deutsche Bank
AG, Frankfurt am Main, incorporated under the laws of Germany[, acting through its London branch ("Deutsche
Bank AG London")]. [Deutsche Bank AG London is registered as a foreign company in England and Wales.]
The Issuer is authorised to and may issue securities relating to shares and/or indices and/or other securities
and/or fund shares and/or commodities and/or foreign exchange rates and/or other assets as part of its general
banking business (set out in article 2(1) of the Articles of Association of Deutsche Bank AG). Under its X-
markets Programme (the "Programme"), the Issuer may issue securities relating to shares and/or indices
and/or other securities and/or fund shares and/or commodities and/or foreign exchange rates and/or other
assets. The Issuer has determined to issue [up to] [quantity] per [X-PERT] [WAVE] [Return] [XXL] [Discount]
[[Double][·]Chance] [BestChance] [Winner] [Parachute] [Renewable Opportunity] [Express] [Bonus-[·]]
[Outperformance] [callable] [perpetual] [certificates] [knock-out-warrants] [warrants] [reverse convertible]
[conditional coupon] [Swing] [notes] (the "Securities") relating to the [Shares] [Index] [Basket] [certificate]
[American Depositary Receipt (ADR)] [Other Securities] [Fund Shares] [Commodities] [Foreign Exchange Rates]
[Futures] specified above and upon the final terms and conditions set out in the "Product Conditions" section
of this document and the general terms and conditions set out in this document (the "General Conditions",
which together with the Product Conditions shall be referred to as the "Conditions"). References to the term
"Underlying" shall be construed as references to the [Shares] [Index] [Basket] [certificate] [American Depositary
Receipt (ADR)] [Other Securities] [Fund Shares] [Commodities] [Foreign Exchange Rates] [Futures] specified
above.
The Issuer has a right of substitution and a right to change the office through which it is acting, subject as
provided in General Condition 8.
[Application has been made to list the Securities on the [regulated] [·] market of the [Euronext Amsterdam N.V.]
[·] [Stock Exchange], which is a regulated market for the purposes of Directive 2003/71/EC. [Please insert
relevant exchanges] [The Securities have been admitted to the [regulated markets of ][·] exchanges of [insert
relevant exchanges , which are regulated markets for the purposes of Directive 2003/71/EC],. [The Securities
will not be admitted to the regulated market of any exchange.]
Prospective purchasers of the Securities should ensure that they understand fully the nature of the
Securities, as well as the extent of their exposure to risks associated with an investment in the
Securities and should consider the suitability of an investment in the Securities in the light of their own
particular financial, fiscal and other circumstances. Prospective purchasers of the Securities should
refer to the "Risk Factors" section of this document. The Securities will represent unsubordinated,
unsecured contractual obligations of the Issuer which will rank pari passu in all respects with each
other.
The Securities have not been and will not be and are not required to be registered under the United States
Securities Act of 1933, as amended. The Securities may not be offered or sold except to persons located
outside the United States. For a description of certain restrictions on the sale and transfer of the Securities,
please refer to the General Conditions section of this document.
i


The Base Prospectus is dated 10 November 2006 and provides information with respect to various types
of financial instruments which are capable of issue under the Programme. [This document constitutes,
in relation to the Securities only, a completed version of the Base Prospectus and is dated [·] [·], [·].]

Deutsche Bank



iii


TABLE OF CONTENTS

SUMMARY.................................................................................................................................1
SUMMARY OF RISK FACTORS ...................................................................................................................................2
SUMMARY OF ECONOMIC DESCRIPTIONS ..........................................................................................................4
Single Underlying linked Certificates...............................................................................................................................5
Basket linked Certificates ...................................................................................................................................................6
Single Underlying linked Outperformance Certificates.................................................................................................7
Single Underlying linked Warrants...................................................................................................................................8
Basket linked Warrants........................................................................................................................................................9
Single Underlying linked Knock-out Warrants (WAVES) .........................................................................................10
Single Underlying linked Double-Chance Certificates................................................................................................11
Single Underlying linked Best Chance Certificates .....................................................................................................12
Single Underlying linked Parachute Certificates ..........................................................................................................13
Single Underlying linked [Renewable Opportunity] [Express] Certificates............................................................14
Single Underlying linked Discount Certificates............................................................................................................15
Single Underlying linked Notes.......................................................................................................................................16
Basket linked Notes............................................................................................................................................................17
Single Underlying linked Reverse Convertible Notes .................................................................................................18
Single Underlying linked Callable Notes.......................................................................................................................19
Basket linked Conditional Coupon Notes ......................................................................................................................20
Basket linked Swing Notes ...............................................................................................................................................21
Single Underlying linked Bonus Certificates ................................................................................................................22
Basket linked Discount Certificates ................................................................................................................................23
Basket linked Double Chance Certificates.....................................................................................................................24
Basket linked Best Chance Certificates..........................................................................................................................25
Basket linked Parachute Ce rtificates...............................................................................................................................26
Basket linked Renewable Opportunity / Express Certificates ....................................................................................27
Basket linked Outperformance Certificates ...................................................................................................................28
Basket linked Bonus Certificates.....................................................................................................................................29
Single Underlying linked [Twin Win] [Butterfly] [·] Certificates.............................................................................30
SUMMARY OF FINAL TERMS OF THE OFFER....................................................................................................31
SUMMARY OF ISSUER DESCRIPTION...................................................................................................................34
RISK FACTORS......................................................................................................................37
PRODUCT SPECIFIC RISK FACTORS......................................................................................................................38
Single Underlying linked Certificates.............................................................................................................................38
Basket linked Certificates .................................................................................................................................................41
Single Underlying linked Outperformance Certificates...............................................................................................44
Single Underlying linked Warrants.................................................................................................................................47
Basket linked Warrants......................................................................................................................................................52
Single Underlying linked Knock-out Warrants (WAVES) .........................................................................................57
Single Underlying linked Double Chance Certificates ................................................................................................60
Single Underlying linked Best Chance Certificates .....................................................................................................63
Single Underlying linked Parachute Certificates ..........................................................................................................65
Single Underlying linked [Renewable Opportunity][Express] Certificates .............................................................68
Single Underlying linked Discount Certificates............................................................................................................71
Single Underlying linked Notes.......................................................................................................................................73
Basket linked Notes............................................................................................................................................................75
Single Underlying linked Reverse Convertible Notes .................................................................................................77
Single Underlying linked Callable Notes.......................................................................................................................80
Basket linked Conditional Coupon Notes ......................................................................................................................82
Basket linked Swing notes................................................................................................................................................85
Single Underlying linked Bonus Certificates ................................................................................................................87
Basket linked Discount Certificates ................................................................................................................................89
Basket linked Double Chance Certificates.....................................................................................................................92
Basket linked Best Chance Certificates..........................................................................................................................95
Basket linked Parachute Certificates...............................................................................................................................97
Basket linked Renewable Opportunity / Express Certificates ..................................................................................100
iv



Basket linked Outperformance Certificates .................................................................................................................103
Basket linked Bonus Certificates...................................................................................................................................106
Single Underlying linked [Twin Win] [Butterfly] [·] Certificates...........................................................................108
B. GENERAL RISK FACTORS RELATING TO THE SECURITIES .................................................................115
C. MARKET FACTORS ................................................................................................................................................127
CONFLICTS OF INTEREST ........................................................................................................................................132
ECONOMIC DESCRIPTION .................................................................................................134
Single Underlying linked Certificates...........................................................................................................................135
Basket linked Certificates ...............................................................................................................................................139
Single Underlying linked Outperformance Certificate ..............................................................................................144
Single Underlying linked Warrants...............................................................................................................................148
Basket linked Warrants....................................................................................................................................................154
Single Underlying linked Knock-out Warrants (WAVES) .......................................................................................160
Single Underlying linked Double Chance Certificate................................................................................................166
Single Underlying linked Best Chance Certificate .....................................................................................................170
Single Underlying linked Parachute Certificates ........................................................................................................173
Single Underlying linked [Renewable Opportunity] [Express] Certificates..........................................................177
Single Underlying linked Discount Certificate ...........................................................................................................181
Single Underlying linked Notes.....................................................................................................................................185
Basket linked Notes..........................................................................................................................................................189
Single Underlying linked Reverse Convertible Notes ...............................................................................................193
Single Underlying linked Callable Notes.....................................................................................................................198
Basket Linked Conditional Coupon Notes...................................................................................................................202
Basket linked Swing Notes .............................................................................................................................................205
Single Underlying linked Bonus Certificates ..............................................................................................................208
Basket linked Discount Certificates ..............................................................................................................................212
Basket linked Double Chance Certificates...................................................................................................................217
Basket linked Best Chance Certificates........................................................................................................................221
Basket linked Parachute Certificates.............................................................................................................................225
Basket linked Renewable Opportunity / Express Certificates ..................................................................................229
Basket linked Outperformance Certificates .................................................................................................................234
Basket linked Best of Express Certificates ..................................................................................................................238
Basket linked Bonus Certificates...................................................................................................................................244
Single Underlying linked [Twin Win] [Butterfly] [·] Certificates...........................................................................248
DOCUMENTS INCORPORATED BY REFERENCE ............................................................................................253
FORM OF DOCUMENT................................................................................................................................................254
PUBLICATION................................................................................................................................................................254
TERMS OF THE OFFER.......................................................................................................255
GENERAL INFORMATION...................................................................................................256
General Taxation Information........................................................................................................................................257
General Selling and Transfer Restrictions ...................................................................................................................260
PRODUCT CONDITION 1.....................................................................................................262
SINGLE UNDERLYING LINKED [X-PERT] [Perpetual-] CERTIFICATES ....................................................263
BASKET LINKED CERTIFICATES ..........................................................................................................................278
SINGLE UNDERLYING LINKED OUTPERFORMANCE CERTIFICATES ...................................................299
SINGLE UNDERLYING LINKED WARRANTS....................................................................................................310
BASKET LINKED WARRANTS ................................................................................................................................322
MULTI SERIES SINGLE UNDERLYING LINKED WARRANTS ....................................................................338
SINGLE UNDERLYING LINKED KNOCK-OUT WARRANTS (WAVES)....................................................348
MULTI SERIES SINGLE UNDERLYING LINKED KNOCK-OUT WARRANTS .........................................363
SINGLE UNDERLYING LINKED [DOUBLE] [l]CHANCE CERTIFICATES (Type1) ..............................377
SINGLE UNDERLYING LINKED BEST CHANCE CERTIFICATES ..............................................................388
SINGLE UNDERLYING LINKED PARACHUTE CERTIFICATES..................................................................397
SINGLE UNDERLYING LINKED [RENEWABLE OPPORTUNITY][EXPRESS] CERTIFICATE...........408
SINGLE UNDERLYING LINKED DISCOUNT CERTIFICATES ......................................................................418
MULTI SERIES SINGLE UNDERLYING LINKED DISCOUNT CERTIFICATES .......................................429
SINGLE UNDERLYING LINKED NOTES ..............................................................................................................440
BASKET LINKED NOTES ...........................................................................................................................................452
SINGLE UNDERLYING LINKED REVERSE CONVERTIBLE NOTE............................................................470
v



SINGLE UNDERLYING LINKED CALLABLE NOTES ......................................................................................481
BASKET LINKED CONDITIONAL COUPON NOTES........................................................................................494
BASKET LINKED SWING NOTES ...........................................................................................................................503
SINGLE UNDERLYING LINKED [BONUS][·] CERTIFICATES .....................................................................510
MULTI SERIES SINGLE UNDERLYING LINKED [BONUS][·] CERTIFICATES ......................................518
BASKET LINKED DISCOUNT CERTIFICATES...................................................................................................526
BASKET LINKED DOUBLE CHANCE CERTIFICATES ....................................................................................539
BASKET LINKED BEST CHANCE CERTIFICATES ...........................................................................................552
BASKET LINKED PARACHUTE CERTIFICATES ...............................................................................................562
BASKET LINKED RENEWABLE OPPORTUNITY / EXPRESS CERTIFICATES .......................................574
BASKET LINKED OUTPERFORMANCE CERTIFICATES ...............................................................................589
BASKET LINKED BEST OF EXPRESS CERTIFICATES ...................................................................................601
BASKET LINKED BONUS CERTIFICATES ..........................................................................................................615
SINGLE UNDERLYING LINKED [BUTTERFLY] [TWIN WIN] [·] CERTIFICATES .................................625
PRODUCT CONDITION 2.....................................................................................................633
FORM .................................................................................................................................................................................633
PRODUCT CONDITION 3.....................................................................................................634
Clause 3 Warrants & Certificates (in part. Renewable Opportunity- and Express Certificates) Cash&Phys,
European Type, Automatic Exercise.............................................................................................................................634
Clause 3 Warrants & Certificates Cash&Phys, Non-European Type, Automatic Exercise................................638
Clause 3 Warrants & Certificates Cash&Phys, European Type, Non-Automatic Exercise................................643
Clause 3 Warrants & Certificates Cash&Phys, Non-European Type, Non-Automatic Exercise.......................648
Clause 3 Warrants & Certificates (Parachute) Cash only, European Type, Automatic Exercise- Redemption at
the option of the Issuer....................................................................................................................................................653
Clause 3 Warrants & Certificates (in part. WAVEs, WAVE Return Warrants, Renewable Opportunity- and
Express Certificates) Cash only, European Type, Automatic Exercise..................................................................655
Clause 3 Warrants & Certificates Cash only, Non-European Type, Automatic Exercise...................................657
Clause 3 Warrants & Certificates Cash only, European Type, Non-Automatic Exercise...................................661
Clause 3 Warrants & Certificates Cash only, Non-European Type, Non-Automatic Exercise..........................664
Clause 3 Warrants & Certificates Cash&Phys, European Type, Automatic Exercise, Issuer Redemption Right
.............................................................................................................................................................................................668
Clause 3 Warrants & Certificates Cash&Phys, Non-European Type, Automatic Exercise, Issuer Redemption
Right ...................................................................................................................................................................................672
Clause 3 Warrants & Certificates Cash&Phys, European Type, Non-Automatic Exercise, Issuer Redemption
Right ...................................................................................................................................................................................678
Clause 3 Warrants & Certificates Cash&Phys, Non-European Type, Non-Automatic Exercise, Issuer
Redemption Right.............................................................................................................................................................684
Clause 3 Warrants & Certificates Cash only, European Type, Automatic Exercise; Issuer Redemption Right
.............................................................................................................................................................................................691
Clause 3 Warrants & Certificates (perpetuals, in part. X-Perts, WAVEs XXL, WAVE Return) Cash only,
Non-European Type, Automatic Exercise, Issuer Redemption Right.....................................................................693
Clause 3 Warrants & Certificates Cash only, European Type, Non-Automatic Exercise, Issuer Redemption
Right ...................................................................................................................................................................................697
Clause 3 Warrants & Certificates Cash only, Non-European Type, Non-Automatic Exercise, Issuer
Redemption Right.............................................................................................................................................................701
Clause 3 Notes Cash Only ..............................................................................................................................................706
Clause 3 Notes Cash & Physical....................................................................................................................................708
Clause 3 Notes Cash Only Redemp tion Choice Issuer..............................................................................................712
Clause 3 Notes Cash Only Coupon...............................................................................................................................715
PRODUCT CONDITION 4.....................................................................................................717
Clause 4 Adjustment Provisions: Indices .....................................................................................................................717
Clause 4 Adjustment Provisions : Indices, with Replacement Provision ...............................................................724
Clause 4 Adjustment Provisions : Shares .....................................................................................................................730
Clause 4 Adjustment Provisions : Shares, with Replacement Provision ................................................................737
Clause 4 Adjustment Provisions : Other Securities ....................................................................................................745
Clause 4 Adjustment Provisions : Fund Shares...........................................................................................................751
Clause 4 Adjustment Provisions : Commodities.........................................................................................................764
Clause 4 Adjustment Provisions : Commodities which are not precious metals, Gold, Silver, Platinum or
Palladium...........................................................................................................................................................................769
vi



Clause 4 Adjustment Provisions : Foreign Exchange Rates .....................................................................................771
Clause 4 Adjustment Provisions : Futures ...................................................................................................................776
Clause 4 Adjustment Provisions: Swing Notes on Shares, with Replacement Provision....................................781
Clause 4 Adjustment Provisions: Splitting ..................................................................................................................790
PRODUCT CONDITION 5: GOVERNING LAW AND PLACE OF JURISDICTION ...........791
INFORMATION RELATING TO THE UNDERLYING..........................................................792
GENERAL CONDITIONS......................................................................................................799
COUNTRY ADDENDUM .......................................................................................................804
PARTY LIST ..........................................................................................................................805

vii



SUMMARY
The information set out below is a summary only and should be read in conjunction with the
rest of the Prospectus. This summary is intended to convey the essential characteristics and
risks associated with the Issuer, and in relation to the Securities and does not purport to be
complete. It is taken from, and is qualified in its entirety by, the remainder of this Prospec-
tus. Accordingly, this summary should be read as an introduction to the Prospectus, and any
decision to invest in the Securities should be based on consideration of the Prospectus as a
whole by the investor.

Prospective investors should be aware that where a claim relating to the information con-
tained in this Prospectus is brought before a court, the investor making the claim might, un-
der the national legislation of the respective EU member state, have to bear the costs of
translating the prospectus before the legal proceedings are initiated.

Civil liability attaches to the Issuer who has tabled the summary including the translation
thereof and applied for its notification, but only if the summary is misleading, inaccurate or
inconsistent when read together with the other parts of the Prospectus.

This Summary contains:
Summary of Risk Factors
Summary of Economic Description
Summary of Product Conditions and Terms of the Offer
Summary of Issuer
]
1



SUMMARY OF RISK FACTORS
Risk Factors

Issuer Risk Factors
Prospective investors should consider all information provided in the Registration Document
and consult with their own professional advisers if they consider it necessary. The following
describes risk factors relating to the issuer's ability to meet its obligations under the securi-
ties.

Ratings
Ratings assigned to the issuer by certain independent rating agencies are an indicator of the
issuer's ability to meet its obligations in a timely manner. The lower the assigned rating is on
the respective scale the higher the respective rating agency assesses the risk that obliga-
tions will not be met at all or not be met in a timely manner. As of the publication date of this
summary, the following ratings were assigned to Deutsche Bank:

Rating Agency
Long-term
Short-term
Standard & Poors (S&P)
AA-
A-1+
Moodys
Aa3
P-1
Fitch
AA-
F1+

Rating agencies may change their ratings at short notice. A rating's change may reflect the
price of securities outstanding.

Rating of Subordinated Obligations
If Deutsche Bank enters into subordinated obligations these obligations may be rated lower.
Deutsche Bank will disclose such ratings of subordinated obligations (if any).

Risks relating to the Securities
[- To be inserted for each type of Securities]
An investment in the Securities involves risks. These risks may include, among others, eq-
uity market, bond market, foreign exchange, interest rate, market volatility and economic,
political and regulatory risks and any combination of these and other risks. Prospective pur-
chasers should be experienced with respect to transactions in instruments such as the Secu-
rities and in the underlying asset or other basis of reference for the Securities (the "Underly-
ing"). Prospective purchasers should understand the risks associated with an investment in
the Securities and should only reach an investment decision after careful consideration, with
their legal, tax, accounting and other advisers, of (i) the suitability of an investment in the
Securities in the light of their own particular financial, tax and other circumstances; (ii) the
information set out in this document and (iii) the Underlying.

The Securities may decline in value and investors should be prepared to sustain a total loss
of their investment in the Securities. The shorter the remaining term of the Securities, the
higher the risk of decline in value of the Securities.
2




An investment in the Securities should only be made after assessing the direction, timing
and magnitude of potential future changes in the value of the Underlying, and/or the in the
composition or method of calculation of the Underlying, as the return of any such investment
will be dependent, inter alia, upon such changes. More than one risk factor may have simul-
taneous effect with regard to the Securities such that the effect of a particular risk factor may
not be predictable. In addition, more than one risk factor may have a compounding effect
which may not be predictable. No assurance can be given as to the effect that any combina-
tion of risk factors may have on the value of the Securities.


[Add additional product specific risk factors, if necessary]


3