https://www.taxtmi.com/news?id=47233 Gandhinagar Municipal Corporation completed its inaugural municipal bond issuance, receiving subscription bids far exceeding the offer and designating proceeds for high visibility infrastructure to improve traffic and commuter convenience. The transaction features a stated coupon rate and is expected to benefit from an interest subsidy under the AMRUT scheme, combining market financing with a targeted government subsidy to lower effective borrowing costs. en-us Sat, 21 Jun 2025 16:31:03 +0530 Sat, 21 Jun 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47233 Gandhinagar Municipal Corporation completed its inaugural municipal bond issuance, receiving subscription bids far exceeding the offer and designating proceeds for high visibility infrastructure to improve traffic and commuter convenience. The transaction features a stated coupon rate and is expected to benefit from an interest subsidy under the AMRUT scheme, combining market financing with a targeted government subsidy to lower effective borrowing costs. News - Sat, 21 Jun 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=47233