Business »  Topic »  Funding CPSEs: Bharat Bond ETF to attract Rs 10,000 crore

Funding CPSEs: Bharat Bond ETF to attract Rs 10,000 crore


The product has been crafted to cater to both wholesale investors — pension funds, insurance companies and provident funds — and retail investors.

The bonds will be available for two maturities — three years and 10 years. The first tranche will comprise AAA-rated bonds.

The Bharat Bond Exchange Traded Fund (ETF), a basket of bonds issued by government-owned enterprises, could see collections to the tune of Rs 10,000 crore, market experts said. The product has been crafted to cater to both wholesale investors — pension funds, insurance companies and provident funds — and retail investors.

The returns on the 3-year ETF are expected to ...


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