Bharat Bond ETF garnered 10k cr, oversubscribed over 3 times
The two new Bharat Bond ETF series will have maturities of April 2025 and April 2031.
The two new Bharat Bond ETF series will have maturities of April 2025 and April 2031.
The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore.
Managed by the Edelweiss Asset Management Company, Bharat Bond ETF are expected to raise up to Rs 15,000 crore for the government.