Six civic bodies likely to debut on bond street by July 2024
Nashik, Visakhapatnam, Kanpur, Surat, Varanasi, and Prayagraj are likely to issue municipal bonds by July with a fundraise of Rs 100-300 crore at 7.9-8.3% coupon rate. Municipal bodies have raised nearly Rs 3,000 crore from the bond market in last seven years
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