In a remarkable response, the Ahmedabad Municipal Corporation's Rs.200 crore Green Bond has been oversubscribed by 13.60 times. The municipal bond, aimed at supporting green initiatives, attracted subscriptions totaling Rs.1360 crore from 30 different investors. The bidding process concluded within seconds of its launch, showcasing strong investor confidence in environmentally sustainable projects.
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Thu, Nov 21, 2024
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