Deutsche cashes in on inflation in Belgium

Deutsche Bank has collected €11.4m (US$12.2m) with Inflation 2030 in Belgium. The seven-year, 100% capital-protected note offers a potential annual coupon equal to the level of the Eurostat Eurozone HICP Ex Tobacco Unrevised Series YoY NSA Index (annual European inflation excluding tobacco) plus one percent. The coupon is capped at five percent pa. The product struck on 31 January 2022 and is listed on the Luxembourg Stock Exchange. It is Deutsche’s first inflation-linked product si