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What is Bharat Bond ETF

Bharat Bond ETF

About Bharat Bond ETF

What is Bharat Bond ETF

In a move aimed at strengthening the corporate bond market and reducing the cost of borrowing, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the creation of Bharat Bond Exchange Traded Fund (ETF) on December 4, 2019. This will be India's first corporate bond issued by state-run companies to be traded on bourses.
 
What will Bharat Bond ETF do?
 
A basket of bonds issued by public-sector companies or any government organisation, Bharat Bond ETF will be tradable on the stock exchange. Announcing the development, Finance Minister Nirmala Sitharaman said the unit size of these bonds, of Rs
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Latest Updates on Bharat Bond ETF

Bharat Bond ETF oversubscribed 6 times against base size of Rs 1,000 crore

The funds raised through the debt ETF helps in smoothening borrowing plans of the participating CPSEs or public sector banks

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Updated On : 10 Dec 2021 | 1:24 AM IST

Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

In December, 2019, Bharat Bond ETF mobilised Rs 12,400 crore

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Updated On : 29 May 2020 | 1:40 PM IST

Passive global funds, algos may have magnified market crash

ETFs are similar to index funds, except that these may be bought and sold on the exchanges. They're preferred by institutional investors

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Updated On : 17 Mar 2020 | 12:18 PM IST

Understanding Budget policy

Its objectives are clear. But the reality in recent years has not cooperated with the government's plans

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Updated On : 28 Feb 2020 | 9:53 AM IST

Brokerages eye ETF play to take advantage of the rising investor interest

Instead of just focusing on earning brokerage selling ETFs, broking houses are also considering packaging multiple ETFs as part of a more customised advisory service offering multiple asset exposure

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Updated On : 24 Jan 2020 | 11:15 PM IST

Bharat Bond ETF debuts at the NSE, trades above Rs 1,000

Last month, the ETF saw an oversubscription of 1.7 times, garnering Rs 12,000 crore which is likely to be utilised for capital expenditure (capex) of PSUs.

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Updated On : 02 Jan 2020 | 2:56 PM IST

India's first corporate bond ETF garners Rs 12,400 cr from its maiden offer

The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore

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Updated On : 24 Dec 2019 | 10:59 PM IST

Bharat Bond ETF anchor book over-subscribed 1.7 times; LIC also places bids

Fund could later look at instruments rated below the top-grade, if there is demand

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Updated On : 12 Dec 2019 | 10:18 PM IST

Edelweiss launches maiden corporate bond ETF, aims to raise Rs 15,000 cr

This ETF is an initiative of the department of investment and public asset management and the latter has given the mandate to Edelweiss AMC to design and manage the product

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Updated On : 12 Dec 2019 | 8:30 PM IST

What makes Bharat Bond ETFs a good option for buy-and-hold investors

Holding them till maturity will take care of interest-rate and liquidity risks that may exist

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Updated On : 15 Dec 2019 | 1:30 PM IST

Cabinet gives approval to Bharat Bond ETF, launch in early January

Bharat Bond ETF will be made of AAA-rated papers issued by govt-linked firms

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Updated On : 06 Dec 2019 | 6:10 PM IST