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British Telecommunications redeems £1 million bonds due 2016
By Toni Weeks
San Diego, Oct. 18 - British Telecommunications plc said it redeemed £1 million of its bonds due Dec. 7, 2016 on Oct. 10, according to a company filing with the London Stock Exchange.
Following this, £692 million of the notes remains outstanding.
The telecommunications company is based in London.
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