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The Bharat Bond ETF on Thursday got listed at Rs 1,000 on the NSE. At around 10 am, the ETF was trading at Rs 1,001 — a premium of Rs 1 to the offer price. The ETF, which opened for subscription on December 12, was offered in two series.
The three-year category received applications for Rs 6,982 crore worth of units, a subscription of 2.3x, against the issue size of Rs 3,000 crore. The ten-year category received Rs 5,413 crore, a subscription of 1.4x, against the issue size of Rs 4,000 crore.
With approximately 55,000 applications received, the new fund offer saw
