Ahmedabad, Chennai among 5 civic bodies seeking to raise Rs 1,000 crore via bondsPimpri Chinchwad, Surat and Prayagraj are the other municipalities seeking to sell bonds. Pimpri Chinchwad Municipal Corporation, which is ...
Uttar Pradesh’s temple towns bonding with modern finance to rebuild creaking infraMunicipal corporations of these UP towns are likely to raise as much as ₹1,000 crore between them in the next few months, taking advantage ...
Hike in support to civic bodies to boost appeal of municipal bondsThe 15th Finance Commission may recommend up to 2 lakh crore in fund allocation over the next five years to municipalities across the count...
Muni bond surge propped up global green issuance in JanuaryCompanies issued about $4.5 bn in green debt, a drop from about $9.7 bn raised in Jan 2019.
Sebi tightens disclosure norms for muni bondsEvery credit rating of such issuer will be reviewed at least once a year, by a registered credit rating agency.
Here’s govt plans to push up municipal bondsThe Ministry of Housing and Urban Development is for the first time creating a database of audited annual accounts for those local bodies i...
Sebi eases norms to allow smart cities raise funds through 'Muni Bonds'In addition, the amended regulations would permit raising funds through Muni Bonds by SPVs set up for implementing smart city projects.
Sebi to relax norms to allow smart cities to issue muni bondsThe proposed norms would be presented for Sebi's board approval at a meeting scheduled later this month.
Global funds want more disclosure before buying India muni debtIndia is not alone in Asia in struggling to develop a healthier muni market.
Amdavad Municipal to raise $200 mn offshoreThe money could be raised in one or two tranches depending on investor response.
Bhopal Municipal Corp lists its bonds on NSEIndore Municipal Corporation first listed its bonds in July on the exchange.
Hyderabad raise Rs 195 crore via Muni bonds for the second timeThe plan is part of a larger GHMC programme that proposes to provide skyways, conflict free corridors and improve travel time within cities...
How Indore has set the tone for municipal bondsIndore muni bonds have been oversubscribed 1.26 times, extending the total bid value to Rs 215 crore.
Pune raises Rs 200 crore in first municipal bond issue in 14 yearsProceeds from the issue, raised at a coupon of 7.59 per cent and oversubscribed six times, will be used for a Rs 2,300-crore water project.
Municipalities having surplus can issue bonds, says SebiTo boost the market for municipal bonds, also known as muni bonds, Sebi board today approved changes to the relevant regulations.
Sebi notifies norms for issuance and listing of municipal bondsTo help the government's 'smart cities' programme, capital markets regulator Sebi today notified new norms for listing and trading of munic...
- Muni bonds to be rated soon
Urban local bodies and municipal corporations will now be rated by credit rating agencies such as Icra, Crisil and Fitch to help them in mo...