Lucknow municipal corporate bonds start on ESB, 250% oversubscribed – Business Standard
Lucknow Municipal Corporation (LMC) bonds valued at Rs 200 crore were 250% oversubscribed when it debuted on the Bombay Stock Exchange (BSE) on Friday. Municipal bonds issued by the LMC with a 10-year term offer an interest of 8.5%. “The successful launch of bonds at ESB is an excellent instrument for paradigm shift in urban […]
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