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Saitama Resona Bank to redeem ¥50B of unsecured bonds

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Saitama Resona Bank to redeem ¥50B of unsecured bonds

ResonaHoldings Inc.'s Saitama Resona Bank Ltd. will redeem ¥50 billion ofunsecured bonds issued in October 2011.

The repayment date is Oct. 19, the lender said in a Sept. 20statement.

As of Sept. 20, US$1was equivalent to ¥101.69.