Pune civic body raises Rs200 crore via municipal bonds1 min read . Updated: 19 Jun 2017, 10:06 PM IST
Pune Municipal Corporation priced the municipal bonds at a coupon of 7.59% which will be paid twice in a year, NDMC could be the next urban body to sell bonds
Mumbai: After a much needed push from the government, municipal bonds are seen taking off with Pune Municipal Corporation (PMC) on Monday raising Rs200 crore, marking the comeback of these instruments after hiatus of at least 14 years.
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