Deutsche Bank Results Presentation Deck
Level 3 assets and liabilities
As of September 30, 2023, in € bn
Assets: € 26bn
Other
Debt
securities 4
27
4
9
Loans
Movements in balances
5
(5)
Dec 31,
Purchases/ Sales/
2022 Issuances¹ Settlements
Derivative
9 Assets
Notes: for footnotes refer to slides 38 and 39
Deutsche Bank
Investor Relations
(0)
26
Others² Sep 30,
2023
Liabilities: € 12bn
Debt Securities
11
4
Other
0
Q3 2023 Fixed Income Investor Call
October 27, 2023
Dec 31, Issuances 1 Settlements
2022
8
Movements in balances
2
(1)
Derivative Liabilities
0
Others 2
12
Sep 30,
2023
Key highlights
>
Level 3 is an indicator of valuation uncertainty and
not of asset quality
/
The Group classifies financial instruments as
Level 3 if an unobservable element impacts the
fair value by 5% or more
The movements in Level 3 assets reflect that the
portfolios are not static with significant turnover
during the period
Variety of mitigants to valuation uncertainty:
>
Uncertain inputs often hedged, e.g. in Level 3
liabilities
>
Exchange of collateral with derivative
counterparties
Prudent Valuation capital deductions³ specific
to Level 3 balances of ~€ 0.7bn
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