Product wrap: Deutsche, SocGen offer full protection in Belgium

EUROPE Deutsche Bank collected NOK35.5m (US$3.9m) with Digital Coupon Autocallable NOK 2028 in Belgium. The seven-year medium-term note (MTN) is 100% capital protected and linked to the Eurostoxx 50 . It offers a fixed annual coupon of 3.30% if the index is at or above its initial level on the valuation date. From the third year onwards, the product will be redeemed early, if, on any of the annual observation dates, the sum of the coupons is equal to the 9.90% target. The product is issued via