News > Govt May Raise Over Rs 10,000 Cr Through Bharat Bond ETF By December

Govt May Raise Over Rs 10,000 Cr Through Bharat Bond ETF By December

Good Returns | 24/10/2021 06:59 PM | Click to read full article

The government is likely to launch the next tranche of the Bharat Bond ETF by December and expects to raise over Rs 10,000 crore to fund the growth plans of central public sector enterprises. 

The official added that the fund requirements of CPSEs are being worked out and the third tranche of the exchange-traded fund (ETF) will be launched by the end of the calendar year. Bharat Bond ETF is an exchange-traded fund that invests in the debt of public sector companies.