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Municipal Bonds News

Rs. 200 Crore LMC Bonds To Offer 8.5% Interest
The Rs. 200-crore Lucknow Municipal Corporation (LMC) bonds listed on BSE. And to mark the listing ceremony, UP CM Minister Yogi Adityanath was present. And now with it Lucknow has become the first city in UP and ninth in India ...

RBI Allows Foreign Investors To Invest In Municipal Bonds
On Thursday, the RBI in a bid to provide greater access to Indian debt securities to non-resident investors has further eased norms and allowed foreign portfolio investors (FPIs) to invest in municipal bonds within prescribed limits. The investment cap in ...
What Are Municipal Bonds?
To finance its expenditure as well as for its core development, municipalities which have limited options at the district or city level for borrowing from the market as per the SEBI notification in 2015 can raise funds through the issue ...
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