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Tranche II of BHARAT Bond ETF acquired an amazing response, mentioned DIPAM Secretary Tuhin Kant Pandey on Tuesday.
The Secretary of Department of Investment and Public Asset Management mentioned on Twitter that the problem was oversubscribed by 3.7 occasions mobilising around Rs. 11,000 crore throughout 40,000 purposes.
The subject was oversusbscribed by 2.Three occasions in 2025 and 6.5 occasions in 2031 maturity and whole subscription will likely be retained, he mentioned.
The first tranche of Bharat Bond ETF had fetched about ₹12,400 crore from its debut provide in December 2019.
Bharat Bond ETF was launched on July 14 and closed on July 17. The base subject dimension was ₹3,000 crore with a green-shoe choice of ₹12,000 crore, taking the whole dimension to ₹15,000 crore.
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