New Delhi: The government may release the next installment of this scheme. Bharat Bond ETF It is expected to raise over Rs 10,000 crore by December and to fund the Centre’s development plans public area According to a senior finance ministry official, the fund requirements of enterprises (CPSEs) CPSE It is being worked out and the third tranche of the exchange traded fund (ETF) will be released by December, the official said.
Bharat Bond ETF invests in debt of public sector companies. The ETF currently invests only in ‘AAA’ rated bonds of public sector companies. Funds raised through debt ETFs help in easing of lending schemes of participating CPSEs or Public Sectors banks. It also helps them to meet their capital expenditure needs. second installment of Bharat Bond The ETF, which was launched in July 2020, was oversubscribed more than three times, collecting around Rs 11,000 crore.
Bharat Bond ETF invests in debt of public sector companies. The ETF currently invests only in ‘AAA’ rated bonds of public sector companies. Funds raised through debt ETFs help in easing of lending schemes of participating CPSEs or Public Sectors banks. It also helps them to meet their capital expenditure needs. second installment of Bharat Bond The ETF, which was launched in July 2020, was oversubscribed more than three times, collecting around Rs 11,000 crore.
.