The Securities and Exchange Board of India (SEBI) hosted a Municipal Bond Outreach Programme in Bhopal, Madhya Pradesh on August 29, 2025, to build Urban Local Bodies’ (ULBs) capability to raise infrastructure financing through municipal bonds and the securities market. The programme included sessions aimed at preparing ULBs for market participation, covering investor expectations, regulatory requirements and bond issuance procedures. In opening remarks, SEBI Whole Time Member Amarjeet Singh highlighted municipal bonds as a route for financing scalable urban infrastructure projects and referenced SEBI’s recent steps including an e-learning course on municipal bonds by the National Institute of Securities Markets (NISM) in collaboration with the World Bank. Madhya Pradesh Additional Chief Secretary Sanjay Dubey called on ULBs to strengthen financials, develop revenue-enhancing projects and train staff for municipal bond fundraising, and urged greater collaboration among regulators, municipal corporations and other stakeholders. Senior officials from the ULBs of Bhopal, Indore, Gwalior and Jabalpur attended.
Securities & Exchange Board of India 2025-09-03
Securities and Exchange Board of India runs Bhopal outreach programme to equip Urban Local Bodies to issue municipal bonds
SEBI hosted a Municipal Bond Outreach Programme in Bhopal to boost Urban Local Bodies' (ULBs) infrastructure financing via municipal bonds. SEBI Whole Time Member Amarjeet Singh emphasized municipal bonds as a key tool and highlighted initiatives like an e-learning course by the National Institute of Securities Markets and the World Bank. Madhya Pradesh Additional Chief Secretary Sanjay Dubey urged ULBs to improve financials and collaborate with stakeholders for successful bond fundraising.