Municipal bonds: Govt may hike interest subvention limit to boost infrastructure funding; NaBFID and Sebi to aid ULB participation
To boost municipal bond issuance and urban infrastructure development, the government is considering raising the interest subvention ceiling for urban local bodies. This move, coupled with NaBFID's support in bond structuring and SEBI's regulatory facilitation, aims to make municipal bonds a more viable funding tool. These initiatives seek to expand the market and encourage wider participation from cities.
To boost municipal bond issuance and urban infrastructure development, the government is considering raising the interest subvention ceiling for urban local bodies. This move, coupled with NaBFID's support in bond structuring and SEBI's regulatory facilitation, aims to make municipal bonds a more viable funding tool. These initiatives seek to expand the market and encourage wider participation from cities.
