NSE Unveils Dedicated Website For Municipal Bonds

New Delhi: The National Stock Exchange (NSE) on Friday announced the launch of a dedicated website for municipal bonds in a bid to enhance the credibility and visibility of such bond markets in the country.

The website will serve as a centralised hub for market participants, offering comprehensive data on the Indian municipal bonds market, including issuances, credit ratings, trading volumes, intrinsic yields, and prices along with the historical performance of India’s first municipal bond index -- the Nifty India Municipal Bond Index.

This initiative aims to enhance transparency, accessibility, and investor awareness in the municipal bonds market in India. By providing structured information and relevant updates, the initiative is set to strengthen confidence in municipal bonds as a viable investment avenue, NSE said in a statement.

“This website will help bridge the information gap and attract investors to participate in financing urban development projects,” Ashwani Bhatia, Sebi Whole-Time Member, said.