Mahanagar Telephone Nigam (MTNL) has issued 6.85% 21,386 Nos. unsecured, rated, listed, government of India guaranteed, redeemable, non convertible taxable bonds in the nature of debentures series VI/2020 (Date of Maturity December 20, 2030) of the face value of Rs 10 lakh each aggregating to Rs 2138.60 crore.
MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.
