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Housing Development Finance redeems nonconvertible debentures

India's Housing Development Finance Corp. Ltd. redeemed 250 million rupees of nonconvertible debentures.

The secured and redeemable debentures were redeemed Aug. 4, prior to their stated date of redemption, the company said the same day.

As of Aug. 4, US$1 was equivalent to 63.65 Indian rupees.