Business Standard

Govt seeks to raise Rs 14,000 cr from second tranche of Bharat Bond ETF

Two new series will have maturities of April 2025 and April 2031.

money
Premium

The first launch of Bharat Bond ETF had raised over Rs 12,400 crore.

Jash Kriplani Mumbai
The government will be launching the second tranche of Bharat Bond ETF, seeking to raise Rs 14,000 crore in July.

The two new Bharat Bond ETF series will have maturities of April 2025 and April 2031. The base issue size of the ETF is Rs 3,000 crore, with a green shoe option of Rs 11,000 crore based on market demand.

"After an overwhelming response to the first tranche of Bharat Bond ETF in December last year, we are excited to announce this next tranche of two new maturity series. The launch is in line with our vision to create a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in