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Investment Banking & Investment Services
Financial
ETN
DB Agriculture Double Long ETN is an exchange traded note launched by Deutsche Bank AG (London). The note seeks to track twice the monthly performance of the Deutsche Bank Liquid Commodity Index - Optimum Yield Agriculture with the returns on the DB 3-Month T-Bill Index. The index represents the commodity markets. It tracks long positions and comprises of derivatives such as future contracts on include corn, wheat, soybeans and sugar. The ETN will mature on April 1, 2038. It was formerly known as PowerShares DB Agriculture Double Long ETN. DB Agriculture Double Long ETN was formed on April 14, 2008 and is domiciled in Germany.
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