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Patna Municipal Corporation’s Rs 200-cr bond listing marks historic milestone for Bihar: NSE MD Chauhan

Positive+302 sources

GreyOak summary

Patna Municipal Corporation listed its maiden Rs 200 crore municipal bond on the NSE. The issue raised Rs 199.99 crore at a 9.20% coupon for 10-year infrastructure projects. This marks Bihar's first ULB bond listing.

What it affects

  • NSEPositive +30

    Listed PMC's Rs 200-cr municipal bond.Rolling sentiment Positive +24

Source

Read the original at Moneycontrol

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