2026-02-01 03:56:27 pm | Source: CareEdge Ratings
Budget Quote on Municipal Bonds by Puja Jalan, Director, CareEdge Ratings
Below the Budget Quote on Municipal Bonds by Puja Jalan, Director, CareEdge Ratings
“The Budget introduces a major boost for municipal bonds through a Rs 100 crore subsidy on single issuance of Rs 1,000 crore and above. This revised measure enables larger ULB issuances, attracts mid?sized ULBs, deepens investor participation, and strengthens the secondary market—supporting potential municipal bond issuances of nearly Rs 50,000 crore, in line with CareEdge Ratings’ estimates.”
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