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Investment Banking & Investment Services
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ETN
As of September 20, 2016, DB 3x Long 25+ Year Treasury Bond ETN has gone out of business. DB 3x Long 25+ Year Treasury Bond ETN is an exchange traded note launched by Deutsche Bank AG (London). The note seeks to track thrice the monthly performance of the DB Long U.S. Treasury Bond Futures Index. The index represents the fixed income markets of the United States. It employs long positions and comprises of derivatives such as CBOT Ultra T-Bond futures. The index represents U.S. treasury bonds with a maturity of at least 25 years. The ETN will mature on May 31, 2040. It was formerly known as PowerShares DB 3x Long 25+ Year Treasury Bond ETN. DB 3x Long 25+ Year Treasury Bond ETN was formed on June 28, 2010 and is domiciled in Germany.
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