Indore civic body’s green bond listed on NSE

Rajwada Palace, Indore


The ‘green bond’ launched recently by the Indore Municipal Corporation (IMC) was on Tuesday listed on the National Stock Exchange (NSE) at a function chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan in Bhopal.

Chouhan symbolically rang the NSE bell to list the IMC’s green bond on the stock exchange.

The chief minister congratulated the IMC, Indore administration and the people of Indore for the feat. Indore has shown the way to other cities of the country.

He said such bonds would be issued by civic bodies of five more cities in the near future.