India's Reliance to market bond from Tomorrow -source

HONG KONG, Mar 20: India's Reliance Industries Ltd. will begin marketing a 17 billion yen ($146.34 million), 10-year euroyen bond on Tuesday, a source familiar with the deal said.

It will be the third global bond issue from India this year.

A promotional tour will be held in Singapore on Tuesday, before moving to London on Wednesday, the source said on Monday.

ABN AMRO, Deutsche Bank and Nikko Citigroup are joint bookrunners.

Last year, Indian issuers -- corporates and banks -- raised more than $1 billion worth of dollar- and yen-denominated bonds.

A euroyen bond is yen-denominated debt offered in Europe.

($1=116.17 yen)

Reuters