Reliance Industries to sell 5-Year Rupee Bonds Next Week at 7.47%
Reliance Industries plans to return to India’s rupee bond market after nearly three years, aiming to raise 125 billion rupees through five-year bonds. The issue offers an annual coupon of 7.47% and invites investor bids on Tuesday. It would be the company’s first rupee bond offering since November 2023, according to bankers.