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Dec-Growth & Development - Coggle Diagram
Dec-Growth & Development
Municipal Bonds
kind of debt instrument
where investors
offer loans to local government
issued by
civic bodies for
specific projects
have 10-years tenure
Urban Local Body pays
annual interest on bonds
to investor at decided rate
bond helps
raise funds from stock market
purchased by
single investor or multiple investors.
face value of municipal bond Rs.10Lakh
Under AMRUT scheme
ULBs encouraged
to raise funds through bonds
Lucknow Municipal Corpo
issued bonds @ 8.5% interest rate
received bids worth Rs.450crore
Zero-coupon bonds
debt security
type of fixed income security
doesnt pay interest on principal amount
but instead
trades at deep discount
rendering profit
at maturity
when the bond is redeemed
for its full value
enabling traders and investors
T-bills
are zero coupon securities
and pay no interest
Instead
they are issued at discount and
redeemed at face value at maturity