Updated On: 30 November, 2020 09:28 AM IST | Lucknow | IANS

Uttar Pradesh Chief Minister Yogi Adityanath. File Pic
Uttar Pradesh Chief Minister Yogi Adityanath will visit Mumbai on December 2 to ring the bell at the Bombay Stock Exchange (BSE) during the listing of the Lucknow Municipal Corporation (LMC) bonds. The Chief Minister, during his Mumbai visit, will also interact with prominent industrialists and Bollywood celebrities and invite them to invest in Uttar Pradesh.
Lucknow is the first city of north India to release the bond of its municipal corporation and soon the municipal corporations of Ghaziabad, Varanasi, Kanpur Nagar and Agra will follow suit. The Rs 200 crore-bond issue was floated just before Diwali and was oversubscribed by 4.5 times to raise Rs 450 crore. "The 10-year bond closed at a very attractive coupon rate of 8.5 per cent only because India Inc. has shown faith in the potentiality and prospects of Uttar Pradesh," a senior official said.