newsfilter
← Latest News
Business Wire·

Deutsche Asset & Wealth Management to Suspend New Issuances of its Two Italian Treasury Bond Exchange Traded Notes

NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management (Deutsche AWM) today announced that it will suspend, effective immediately, any further issuances of the PowerShares DB 3x Italian Treasury Bond Futures Exchange Traded Note (NYSE Arca: ITLT) and the PowerShares DB Italian Treasury Bond Futures Exchange Traded Note (NYSE Arca: ITLY) (the “ETNs”). The ETNs are issued by Deutsche Bank AG, London Branch. The ETN holders’ option to require Deutsche Bank AG to repurchase the ETNs will not be affected by this suspension. However, Deutsche Bank AG will not be issuing new ETNs to the market.