Uncategorized

Central government will give bumper earning opportunity in December, Bharat Bond ETF will open on this day, check

Bharat Bond ETF: There is good news for investors earning through Bharat Bond ETF. The government can launch Bharat Bond ETF in the beginning of December itself. According to information received from official figures, the government is planning to raise Rs 10,000 crore through this bond. Through this, government companies (PSUs) can raise funds.

May open on 3rd December
Let us tell you that this bond can open on December 3 and close on December 9. The first phase of Bharat Bond ETF was opened for subscription in December 2019 and the second phase in July 2020.

How much money have you raised so far?
Let us tell you that in the second phase of Bharat Bond ETF, about Rs 11,000 crore and in the first phase Rs 12,400 crore were raised. In the third bond, the original issue size will be Rs 1,000 crore with ‘free green shoe option’.

Know where the amount will be used?
Bharat Bond ETF is an exchange-traded fund that invests in bonds of public sector companies. The ETF currently invests only in ‘AAA’ rated bonds. The money raised through ETFs is used for debt raising plans of CPSEs or public sector banks. This also meets their capital expenditure requirement.

What is Bharat Bond ETF
Bharat Bond ETF is a type of exchange traded fund. Explain that investments are made in the name of bonds in the shares of specific companies of the Central Government. Let us tell you that these bonds are Triple A rated companies of the Government of India, in which 6 percent return on investment is achieved.

Read also:

PNB is giving full Rs 25 lakh cash to customers, if you also need it, then apply immediately, know the process

Petrol Diesel Price Today: IOCL has released the latest rates of petrol and diesel, check the price of 1 liter in your city

,

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
error: Content is protected !!