Dodd-Frank Resource Centre
DisclosuresISDA General Disclosure
Disclosure Statement Regarding Transaction Terms
Commodities Derivatives Disclosure Annex
Material Economic Terms
This web page contains links to forms of confirmations and spreadsheets of material economic terms relating to a variety of types of transactions (“Transactions”) that Deutsche Bank (“we”) may enter into with counterparties from time to time. Any confirmation or other documentation we directly provide to you in respect of an actual or potential Transaction will supersede the information on this website and, to the extent inconsistent, such confirmation or other documentation will control (the "confirmation"). In addition, the agreed upon terms of any Transaction that we enter into with you will be set forth in the confirmation or other agreement that you and we enter into with respect to that Transaction and may differ materially from the terms set forth in the forms and spreadsheets available on or through this web page. By making this web page available, we are not indicating that we are willing to enter into any Transaction with any counterparty on any terms.
Certain rights and obligations of the parties during the term of a swap are generally contained in master documentation (e.g., ISDA master agreement) between the swap dealer and the Counterparty (herein, the “Master Agreement”).
Certain terms relating to the operation of a swap are contained in the provisions of most recent dated asset class definitional booklets unless otherwise agreed by the parties.
Please refer to your Master Agreement and these definitional booklets for these rights, obligations and terms prior to trading. The ISDA definitional booklets are contained on this website. Any supplements to these ISDA Definitions or other market documents that are distributed by ISDA free of charge are available at: www.isda.org.
The remaining terms of any specific swap will be contained in the relevant confirmation of the swap between the swap dealer and the Counterparty. Confirmations are generally entered into between the swap dealer and the Counterparty post-trade.
Therefore, in order to furnish the remaining terms of any specific swap (to the extent that they constitute material characteristics) at a reasonably sufficient time prior to entering into a swap in accordance with the Commodities Futures Trading Commission rules, we are setting forth below, for each product, the following terms (which would be found in a Confirmation):
(a) static terms of the swap and (b) dynamic terms for the swap.
Static terms of the swap are the terms which will remain the same for the products detailed in the attached material economic terms. The dynamic terms are the terms which are to be agreed between the swap dealer and the Counterparty at the time of trading. Please note that these specific dynamic terms will then be set forth in a Confirmation.