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Rentenbank Sells $1.5B In Notes

German agricultural development bank, Rentenbank, has raised $1.5 billion in a bond sale.

    German agricultural development bank,Rentenbank, has raised $1.5 billion in a bond sale,Reutersreports. The notes are due to mature on July 15, 2016.

    The bonds carry a coupon rate of 2.125%.CreditSuisse,JP MorganandRBCwere the lead managers for the transaction.

    Click here for the story fromReuters.

    Click here for additional coverage fromMorningstar.

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