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Asian Bond Sales Fall 75%, Most Since 2001, on Rout (Update1)

Story date: 2007-09-27 09:35:00
Added on: 2007-09-27 23:43:26


Bloomberg - ... 75 percent in the third quarter, the biggest fall in six years, as losses sparked by defaults on U.S. subprime mortgage ... Bank Ltd., India's biggest lender to consumers, sold $2 billion of bonds on Sept. 26, after the Fed cut interest rates to ...


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