8.5% TIRUCHIRAPPALLI CITY MUNICIPAL CORPORATION 06/Feb/2036
INE2OSN24014
| Face Value | 100,000.00 |
| Coupon Rate | 8.5000% (Fix) |
| Issue Date | 06/Feb/2026 |
| Maturity Date | 06/Feb/2036 |
| Remaining Period | 9Y 10M 25D |
| Tax Free | No |
| Interest Payment Type | Simple |
| Interest Frequency | Semi Annual |
| Issue Size (In Crores) | 100.00 |
| Max. Available Quantity | 50 |
| TDS on Interest | Yes |
| Call Option | N.A. |
| Put Option | N.A. |
| Govt Guarantee | No |
| Security | Senior Secured |
BONDS RATING
ISSUER
The administration of the Tiruchirappalli City is carried out according to the Tiruchirappalli City Municipal Corporation Act-1994.The City is subdivided into 5 Administrative Zones and 65 Wards for effective administration. The City Council was constituted with a Mayor and 65 Ward Councilors representing each ward. The Honourable Mayor conducts Council Meeting, at least once in a month. The Constitution's 74th Amendment, which aims at making the Urban Local Bodies (ULBs) as vibrant Local self Government Institutions, list out the functions to be transferred to Urban Local Bodies.
The administration of the Tiruchirappalli City is carried out according to the Tiruchirappalli City Municipal Corporation Act-1994.The City is subdivided into 5 Administrative Zones and 65 Wards for effective administration. The City Council was constituted with a Mayor and 65 Ward Councilors representing each ward. The Honourable Mayor conducts Council Meeting, at least once in a month. The Constitution's 74th Amendment, which aims at making the Urban Local Bodies (ULBs) as vibrant Local self Government Institutions, list out the functions to be transferred to Urban Local Bodies.