municipal firms: SEBI urges municipal firms to boost transparency for city infrastructure bonds

Talking at an occasion on Leveraging Personal Finance for City Infrastructure-Learnings from G20 Infrastructure Working Group within the capital, Buch additionally known as on these our bodies to discover acquiring credit score enhancement, if required.

There are sufficient traders who’re enthusiastic about placing cash into securities issued by such our bodies in the event that they undertake higher transparency, she indicated. “A mix of escrow (account construction) and credit score enhancement can entice a lot of traders in city infrastructure.

Within the Funds for FY24, finance minister Nirmala Sitharaman had mentioned that the Centre will incentivise reforms in city native our bodies to make them creditworthy for municipal bonds.

Lately, bonds of sure municipal firms have generated good investor curiosity.