Exemption Application No. D-10384; Deutsche Bank AG, et al. (Deutsche Bank)

---
identifier: "/us/fr/00-2857"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Exemption Application No. D-10384; Deutsche Bank AG, et al. (Deutsche Bank)"
title_number: 0
title_name: "Federal Register"
section_number: "00-2857"
section_name: "Exemption Application No. D-10384; Deutsche Bank AG, et al. (Deutsche Bank)"
positive_law: false
currency: "2000-02-08"
last_updated: "2000-02-08"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Labor Department"
document_number: "00-2857"
document_type: "notice"
publication_date: "2000-02-08"
agencies:
  - "Labor Department"
  - "Pension and Welfare Benefits Administration"
fr_citation: "65 FR 6228"
fr_volume: 65
fr_action: "Notice of technical correction."
---


#  Exemption Application No. D-10384; Deutsche Bank AG, et al. (Deutsche Bank)

**AGENCY:**

Pension and Welfare Benefits Administration,Labor (the Department).

**ACTION:**

Notice of technical correction.

On February 1, 2000, the Department published in the *Federal Register* (65 FR 4843) a notice of proposed exemption for Deutsche Bank which  would allow the assets of certain employee benefit plans to be invested in synthetic guaranteed investment contracts (the Buy & Hold Synthetic GICs) that would be offered by Deutsche Bank. Due to a printing error, appearing on page 4846 of the proposed exemption in Representation 7, the formula for computing the Crediting Rate for each Buy & Hold Synthetic GIC, was stated as follows:

The Department notes that the correct formula for calculating the Crediting Rate is

and it hereby amends the proposal.

**FOR FURTHER INFORMATION CONTACT:**

Ms. Jan D. Broady of the Department at (202) 219-8881. (This is not a toll-free number.)

Signed at Washington, DC this 3rd day of February, 2000.

Ivan L. Strasfeld,

Director of Exemption Determinations, Pension and Welfare Benefits Administration, Department of Labor.