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Cabinet approves launch of Bharat Bond Exchange Traded Fund

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The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi on December 4 has given its approval for creation and launch of Bharat Bond Exchange Traded Fund (ETF) to create an additional source of funding for Central Public Sector Undertakings (CPSUs) Central Public Sector Enterprises (CPSEs), Central Public Financial Institutions (CPFIs) and other Government organizations. Bharat Bond ETF would be the first corporate Bond ETF in the country.

Fund to provide additional money for CPSUs, CPSEs & other Government organizations.