 "Green bonds")
Indore Municipal Corporation’s (IMC’s) green bond issuance was subscribed 5.42 times on its first day, attracting bids worth Rs 661.52 crore.
The aggregate size of IMC’s green bond sale is Rs 244 crore comprising a base size of Rs 122 crore and an option to retain oversubscription up to Rs 122 crore.
The issue, which opened on Friday, closes on February 14.
“According to the base issue size, the institution category was subscribed the most with 7.52 times, followed by 6.62 times in the corporate category, 4.16 times in the retail category, 3.39 times in the high-net-worth individual category,” the
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