Bihar, founded in 2000 and located in Patna, serves as a pivotal development entity aimed at enhancing infrastructure and economic growth in the region. The company focuses on providing essential public services and facilities, including road development, power generation, and urban renewal projects.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Bihar has actively participated in the bond market, first issuing bonds in 2005 to finance public infrastructure projects. Notably, in 2021, the state launched a significant ?5,000 crore bond initiative aimed at urban development, which garnered attention for its competitive yield of 7.25%, outperforming state averages. Bihar's bonds often feature a premium for sustainable development projects, and recent news indicated plans for further issuances to support agricultural financing in alignment with the state's growth objectives.