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Patna Municipal Corporation's Bonds Listed on NSE, first-ever in Bihar

Published: 11/11/26 09:17
Mumbai | India

Mumbai , Nov 11 (UNI) Patna Municipal Corporation (PMC) has made its debut in the municipal bond market, with its bonds listed on the National Stock Exchange (NSE) in Mumbai, marking the first such issuance by an urban local body in Bihar. The bonds were listed on November 10 in the presence of Bihar Chief Minister Samrat Choudhary, marking a new development in the state's efforts to mobilise funds through capital markets for urban infrastructure projects. The municipal bond issue of Rs 100.03 crore attracted subscriptions exceeding twice its base issue size from institutional investors, indicating strong investor participation in…

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Words:
101
Type:
TEXT
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BUSSINESS NSE PATNA MUNCP CORP
Source
UNI India
Category
,
Published At
11/11/26 09:17
Last updated
11/11/26 09:17
Location
Mumbai, India

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