The product is the first inflation linked structure in Belgium since January 2023.

Deutsche Bank Belgium is distributing the Deutsche Bank AG (DE) Inflation Note 2031 . Geopolitical tensions, including those in the Middle East, are putting upward pressure on inflation in Europe - Christophe Blontia, Deutsche Bank The five-year structured note is issued on the paper of parent company Deutsche Bank AG and offers access to the Eurostat Eurozone HICP Ex Tobacco Unrevised Series NSA. At maturity, the product offers 100% capital return, plus a potential coupon equal to 140% of