Certified green municipal bonds Flashcards
1
Q
Which is the 1st municipal corporation in Asia to raise 100cr through certified green municipal bonds ?
A
Vadodara Municipal Corporation
2
Q
What are green municipal bonds ?
A
These are municipal bonds whose investments have to used in some form of environment friendly projects only
3
Q
What is the average interest rate ?
A
7.9 %
4
Q
What environmental purpose are thry using the investment ?
A
Sewage plants in Vadodara for AMRUT scheme under Ministry of Housing and Urban affairs
5
Q
Which is the famous university of Vadodara ?
A
Gati Shakti University
