MoHUA Organises Stakeholder Dialogue on Municipal Bonds to Strengthen Urban Financing

• Municipal Bonds = debt securities issued by Urban Local Bodies (ULBs) to raise capital from markets for urban infrastructure, regulated by SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015.
• MoHUA's 18 Feb 2026 dialogue "Municipal Bonds Unpacked – A Dialogue with the Intermediaries" is part of a push to deepen alternative financing for ULBs beyond grants/transfers.
• Relevant for GS-II (urban local governance, 74th CAA) and GS-III (capital markets, infrastructure financing).