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The following issue went on sale today:

Issuer: Hankyu Reit Inc Manager(s): Nomura Securities Co Ltd

Mizuho Securities Co Ltd

Daiwa Securities Capital Markets Amount: 6 billion yen Coupon: 1.27 percent Maturity: Nov. 11, 2016 Settlement: Nov. 11, 2011 Issue Price: 100 Series: 1 Security Number: EI8600831

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