ReferIndia News Explainer: Why Vadodara is an outlier in the municipal bond market

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Explainer: Why Vadodara is an outlier in the municipal bond market

Published on: June 10, 2026, 7:45 p.m. | Source: The Financial Express

Vadodara Municipal Corporation plans to raise Rs 200 crore through India's first blue bond to fund sustainable water-resource projects, leveraging its strong fiscal health and asset base.

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