Delighted to receive a copy of ‘All About Municipal Bonds’ documented by Municipal Commissioner of Surat, Smt Shalini Agarwal Ji

Jul 19,2023

Delighted to receive a copy of ‘All About Municipal Bonds’ documented by Municipal Commissioner of Surat, Smt Shalini Agarwal Ji. 13 Urban Local Bodies have so far issued Municipal Bonds in India to raise funds to support infrastructure development works.
With infrastructure development being at the core catalysing economic growth in India, these investments have the potential to generate employment, savings & investments.
The municipal bonds of Vadodara were oversubscribed by 10 times & had lowest coupon rate ever.