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Govt launches Bharat Bond ETF, retail investors can also participate

Dec 04, 2019 13:47 IST

The cabinet today gave approval for the creation and launch of an umbrella bond ETF proposal. The aim of the bond ETF is to diversify the investor base and help the government, corporates and individual investors raise capital from the debt market. Through this, investors can buy bonds for government organisations. Units will not be valued more than Rs 1,000 each.

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