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, Reuters reports. The notes are due to mature on July 15, 2016.

The bonds carry a coupon rate of 2.125%. Credit Suisse, JP Morgan and RBC were the lead managers for the transaction.

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