Monday, June 8, 2020

Bharat Bond ETF to launch NFO to raise Rs 14,000 crore

The proceeds will be used as additional funding for central public sector undertakings and other government organisations to meet borrowing requirements. The proposed plan is to raise an initial amount of Rs 3,000 crore with a green shoe option of Rs 11,000 crore based on market demand.

from Personal Finance News-Wealth-Economic Times https://ift.tt/37cqUwV

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