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Bond Market News

Reliance Communication bonds end flat for the week.

Reliance communication has issued a statement protesting the latest round of downgrades carried out by rating agencies. The main argument put forth is that the downgrades do not reflect the ongoing  strategic discussions with Aircel and the sale of the tower business.

The bonds closed at 69.6 ending flat for the week, but down 32 points from one month ago as per data provided by Bondevalue.com

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