Municipal Bonds Current Affairs, GK & News
SEBI launches Information Database on municipal bonds
SEBI is the Security and Exchange Board of India. It is a regulatory body that was established under the SEBI Act of 1992. To develop the bond markets, SEBI recently introduced a database and a repository for municipal bonds. Today the municipalities in India are focusing to increase revenue-generating assets and green projects. The SEBI-launched ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2022
Topics: Municipal Bonds • SEBI
Vadodara Municipal Bond’s Successful Listing – A Case Study for US Treasury
The book titled ‘All About Municipal Bond’ includes Vadodara Municipal Corporation’s successful listing of municipal bond as a case study. About the Vadodara Municipal Bond Vadodara Municipal bond was listed at the Bombay Stock Exchange (BSE) on March 23. With this, Gujarat’s Vadodara became the second Indian city to issue a municipal bond with assistance ..
Month: Current Affairs – November, 2022
Category: States Current Affairs
Topics: AMRUT • AMRUT Scheme • Municipal bond • Municipal Bonds • US Treasury • US Treasury Department • Vadodara
New Norms Proposed for Municipal Bonds
The market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of norms for listing and trading of municipal bonds on stock exchanges and to channel household investments into urban infrastructure development. Norms Proposed A municipal bond popularly known as a Muni Bond is a bond issued by a local government ..
Category: Government Schemes Current Affairs
Topics: Debt Securities • Muni Bond • Municipal Bonds • Pooled Finance Development Fund scheme • SEBI • Securities and Exchange Board of India • Smart city • Stock exchanges • Urban development
Municipal Bonds in India
Municipal bonds (or “munis” for short) are debt obligations issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways and other projects for the public good. For example, if a municipal corporation wants to establish a new metro rail link, then it ..
Topics: Market • Municipal Bonds