Govt may raise over Rs 10,000 cr via Bharat Bond ETF by Dec

Bharat Bond ETF is an exchange-traded fund that invests in debt of public sector companies. The ETF currently invests only in 'AAA'-rated bonds of public sector companies. The funds raised through the debt ETF helps in smoothening borrowing plans of the participating CPSEs or public sector banks. It also helps them in meeting their capital expenditure needs.

from Markets-Economic Times https://ift.tt/2XFdyZL