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India’s $900 Billion Infrastructure Push May Spur Muni Bonds
Source: Bloomberg
Infrastructure & DefenseCredit & Bond MarketsRegulation & LegislationFiscal Policy & Budget
India’s capital-markets regulator plans to encourage municipalities to pool financing needs and issue collective bonds for urban-infrastructure upgrades. The initiative could help finance investment estimated at up to $900 billion through 2031, potentially broadening municipal access to bond markets and supporting infrastructure development.
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