Watch Liquidity When Investing in Municipal Bonds – Currency
Watch Liquidity When Investing in Municipal Bonds – Currency
Recently, the Lucknow Municipal Corp. issued bonds with a coupon rate of 8.5%. Given the attractive interest rates, the bonds received offers worth ₹450 crore, which indicates high investor interest. Nine municipalities, including Ahmedabad, Pune and Indore, have recently raised municipal bonds and many more have aligned themselves to do so, said Pratapsingh Nathani, president […]
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