Mumbai, Feb. 25 -- Nashik Municipal Corporation has announced the public issue of Rated, Listed, Taxable, Unsecured, Redeemable, Non-Convertible Green Municipal Bonds (in the nature of debentures) of the face value of Rs 1000 each for an amount aggregating up to Rs 200 crore.

The issue is scheduled to open on 25 February 2026 and closes on 02 March 2026.

The NCD has a face value of Rs 1,000/- each, which comprises of 8 (eight) separately transferable and redeemable principal parts (STRPPs) namely STRPP A STRPP B, STRPP C, STRPP D, STRPP E, STRPP F, STRPP G and STRPP H of face value of Rs 125 each.

An effective yield (per annum) for the NCD holders in all categories of investors ranges is 8.20%.

STRPP A is redeemable after 3 years, STR...