The maturities of all bonds and term loans are presented as of September 30, 2017. Commercial papers are not included. Zero bonds are included at the repayment amount, i.e., including the full interest accrued up to the end of the term. Bonds are presented in nominal amounts in the respective currency – converted into Euro.
Deutsche Telekom has a very balanced maturity profile without any maturity burdens in an individual year. This ensures a high level of planning reliability for the Group's financing requirements. The existing liquidity reserve covers all maturities for the next 24 months at all times.