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Genworth Financial Mortgage Insurance to redeem A$49.6M of notes

GenworthMortgage Insurance Australia Ltd. unit plans to redeem all of its outstanding subordinated notes due2021.

The notes amount to A$49.6 million, the company said May 10.

Genworth Financial Mortgage will redeem the notes June 30.

As of May 9, US$1 wasequivalent to A$1.37.