UPDATE 1-NTT to issue Y100 bln of 10-year domestic bonds

(Reuters) - NTT, Japan's telephone giant, has set the coupon of its
domestic straight bonds at 1.77 percent, lead manager Nomura
Securities said on Tuesday.




On Monday, Standard & Poor's raised NTT's long-term credit
rating to "AA" from "AA-", citing improvement in its finances
amid consistent debt reduction.


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