<ul><li>Rajkot Municipal Corporation has issued a Rs 100 crore bond to boost infrastructure and services in the city.</li><li>The bond issue was oversubscribed by 4.95 times, with an interest rate of 7.90% and a tenure of five years.</li><li>The funds raised will be used to create water supply and sewerage infrastructure for newly merged areas of the city.</li><li>The bond issuance aims to improve transparency, reporting, and governance in the Municipal Corporation.</li></ul>

Rajkot Municipal Corporation Issues Rs 100 Crore Bond to Boost Infrastructure and Services

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