 "ETF")
The units of the ambitious Bharat Bond ETF (exchange traded fund) issued by Edelweiss Asset Management (AMC) got listed at the National Stock Exchange (NSE) on Thursday. At the time of writing of this report, both the units - BHARAT Bond ETF - April 2023 and BHARAT Bond ETF - April 2030, were trading above the issue price of 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. The issue was open for subscription between December 12 to December 20.
The base
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