 "ETF")
The second tranche of Bharat Bond Exchange Traded Fund (ETF) received bids estimated at Rs 10,000 crore, against base issue size of Rs 3,000 crore. The issue was open for subscription between July 14 and July 17.
“The second series of Bharat Bond ETF received an outstanding response… estimated collection around Rs 10,000 crore with wide participation across categories. Final numbers are still being tallied and will be released by Monday,” secretary for Department of Investment and Public Asset Management (Dipam) tweeted on Friday.
The second series of ETFs were launched with a green-shoe option of an additional Rs 11,000
