BT restores credibility as record $10bn jumbo flies

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BT restores credibility as record $10bn jumbo flies

December 08, 2000 12:00 AM

British Telecommunications plc this week confounded sceptics by achieving a record $10bn global bond sale, the largest dollar denominated and second largest corporate bond ever launched, helping boost debt market sentiment in a week when several events pointed to an improved outlook for fixed income.

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