Cabinet Clears Debt-Based Bharat Bond Exchange-Traded Fund

The Bharat Bond ETF will provide government companies, financial institutions and other organisations an additional source of funding, apart from bank financing, an official statement said. The Bharat Bond will be the country's first debt-based ETF, which follows the launch of two equity-based ETFs by the government.  Finance Minister said the Bharat Bond ETF will help in deepening the country's bond markets after launch of equit...