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Four U.P. Municipalities Mull Up To Rs 500 Crore Bond Issuances
Four municipal bodies from Uttar Pradesh are looking to issue bonds between September and December.
16 Aug 2023, 07:41 AM IST
At least four municipal corporations from Uttar Pradesh are looking to tap the debt market for fundraising. Municipalities from Kanpur, Prayagraj, Agra and Varanasi are considering raising close to Rs 500 crore through the issue of municipal bonds, according to two people with direct knowledge of the matter, who spoke on the condition of anonymity.While all four bodies will be entering the municipal bonds space for the first time, th...
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