Information Database On Municipal Bonds : SEBI
Markets regulator SEBI has launched an information database on municipal bonds.
- Objective is to raise awareness of people; Efforts to develop the bond markets and make the process easy and streamlined.
- The information database contains a wide range of information in the form of statistics and regulations, circulars, guidance notes and Frequently Asked Questions issued by SEBI in respect of municipal debt securities.
- Municipal bonds are debt securities issued by states, cities, counties and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways or sewer systems.