Germany tries again to sell off Deutsche Telekom. After its first attempt, German state bank KfW has issued new convertible bonds to a value of €3 billion which mature in five years and on month. In other words, investors have until 2013 to convert their bonds issued by KfW into Deutsche Telekom shares as long as the share value is above a certain minimum level on the stock exchange. KfW holds 16.9% of the company's capital and the German state hold 14.8% of its own. (I.L.)