Long-Term Local Currency Senior Unsecured Issues

Deutsche Telekom International Finance B.V.

Rating	Watch	Outlook	Decision Date	Action Validity Date	Maximum Validity
BBB+		Outlook STA	25.10.2019	05.11.2019
BBB+			31.10.2018	07.11.2018

05.11.2019

Based on the unsolicited corporate issuer rating of Deutsche Telekom International Finance B.V. (BBB+/stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) of the issues issued by Deutsche Telekom International Finance B.V. The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Deutsche Telekom International Finance B.V. and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with BBB+/stable.
07.11.2018

Based on the unsolicited corporate issuer rating of Deutsche Telekom International Finance B.V. (BBB+/stable), Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) issued by Deutsche Telekom International Finance B.V. . The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Deutsche Telekom International Finance B.V. and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with BBB+.