Why municipal bonds are not taking off

Why municipal bonds are not taking off


Since FY18, around 17 municipal bonds worth ₹2,600 crore have been issued, with an average size of ₹150 crore, according to the recent ICRA report. These securities are slow to take off despite more than 10 issuances for raising over ₹1,500 crore expected in FY26.

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