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Major Indian Supermarket Chain Plans Record Rupee Bond Sale

Source: Bloomberg

Banking & LiquidityCredit & Bond MarketsCompany FundamentalsInvestor Sentiment & Positioning

Avenue Supermarts plans to raise up to ₹10 billion (about $105 million) via its largest-ever domestic bond offering, signaling active corporate debt issuance in India. The news is broadly credit/liquidity relevant but is unlikely to be market-moving beyond the issuer and local bond space.

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