Patna Municipal Corporation plans first civic bond issue

Kiswahili

Bihar is preparing to enter the municipal bond market as Patna Municipal Corporation seeks to raise funds through the nation's first civic bond issue of the 2026-27 fiscal year.

Patna Municipal Corporation plans to raise ₹200 crore over a period of 10 years. The move marks Bihar's entry into the municipal bond market.

Brihanmumbai Municipal Corporation is nearing the finalization of merchant bankers for its own ₹1,000 crore fundraising this fiscal year. Ahmedabad Municipal Corporation is also in discussions to secure a similar amount.

These efforts reflect growing interest among Indian civic bodies in accessing capital markets for infrastructure and development projects.

Makala yanayohusiana

Illustration depicting Indian corporate executives preferring bank loans over bonds in a Mumbai office amid rising yields.
Picha iliyoundwa na AI

Corporate borrowers favor bank loans over bonds amid rising yields

Imeripotiwa na AI Picha iliyoundwa na AI

Corporate borrowers in India are increasingly opting for bank loans instead of bond issuances. Rising capital market yields have eroded the cost advantage of bonds. Spreads between bank lending rates and bond yields have compressed significantly, especially for higher-rated entities.

Foreign investors pour record amount into Indian government bonds

Overseas investors have invested a record ₹39,640 crore in Indian government bonds during June so far. The inflows follow tax exemptions and expanded access to sovereign debt. These steps are intended to increase foreign participation in the market.

State Bank of India board clears record Rs 60,000 cr fundraise in FY27

Imeripotiwa na AI

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal year through rupee and dollar bonds. The move is intended to strengthen the bank's capital position and support business growth.

Business

India's IPO market set for July resurgence

Business

Indian companies shift to bank loans amid rising bond yields

Politics

Rekha Gupta announces ₹100 crore plan for Dwarka infrastructure

Hong Kong proposes raising bond ceiling to HK$900 billion

The Hong Kong government proposes raising its bond programmes' borrowing ceiling from HK$700 billion to HK$900 billion (US$115 billion) to fund infrastructure development. Officials say the new limit will suffice for projects over the next three years, while leaving room for future increases if needed.

National Stock Exchange files draft papers with SEBI

Imeripotiwa na AI

The National Stock Exchange has filed its draft prospectus with SEBI. This step advances its planned Initial Public Offering, expected to reach around ₹30,000 crore.

Jumanne, 9. Mwezi wa sita 2026, 23:56:45

Foreign investors add 10,000 crore rupees to Indian bonds

Jumatatu, 8. Mwezi wa sita 2026, 01:26:00

India set to reapply for global bond index inclusion

Alhamisi, 4. Mwezi wa sita 2026, 15:23:17

MTR Corporation raises three billion euros in euro green bond sale

Jumanne, 26. Mwezi wa tano 2026, 03:22:30

Sebi set to introduce bond etfs and derivatives

Jumatano, 20. Mwezi wa tano 2026, 22:57:03

Egypt issues $1bn international bonds in first MENA offering since Iran conflict escalation

Jumatano, 6. Mwezi wa tano 2026, 07:38:57

Finance minister purbaya to issue panda bond in june 2026

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