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Corporate Bonds

Leads reject criticism of Deutsche Telekom 20 year

Bankers leading a rare 20 year corporate bond for Deutsche Telekom this week rejected criticisms that the Eu300m deal was too tight and too long, saying that the borrower had not been looking to print a benchmark. Thursday’s bond was only the second 20 year in euros this year after France's EDF sold a Eu1.5bn note in April.

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