Bharat Bond ETF subscribed 1.7 times

  • Bharat Bond Exchange Traded Fund (ETF), the country’s first corporate bond exchange traded fund aimed to retail investors, saw a strong response, with the issue getting subscribed around 1.7 times.
  • India’s first corporate bond ETF, Bharat Bond ETF, has received a great response from investor across different segments. The issue was over subscribed approximately 1.7 times collecting about ₹12000 crore.
  • The ETF offer, which closed on Friday, had a base issue size of ₹7,000 crore.
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