Patna Municipal Corporation Raises ₹200 Crore Through Municipal Bonds | November 2026

Which civic body became the first in Bihar to list its ₹200-crore municipal bonds on the National Stock Exchange (NSE) in November 2026?

Answer: Patna Municipal Corporation (PMC).

In a historic development, Patna Municipal Corporation became the first urban local body (ULB) in Bihar to get its municipal bonds listed on the National Stock Exchange.

Important Facts:

Civic Body: Patna Municipal Corporation (PMC)

State: Bihar

Amount Raised: ₹199.99 crore (approximately ₹200 crore)

Stock Exchange: National Stock Exchange (NSE)

Listing Date: 10 November 2026

Interest Rate: 9.20% annually

Bond Tenure: 10 years

Purpose: Urban infrastructure development and improvement of civic amenities.

The funds will support 15 development projects in Patna.

This question is important for UPSC, SSC, Banking, Railway, State PSC and other competitive examinations.

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