NEW DELHI: The government has announced the third tranche of its flagship Bharat Bond Exchange Traded Fund with a new 10-year offering maturing on April 15, 2032, coined the Bharat Bond ETF April 2032. The new fund offer (NFO) will launch on Friday, December 3. The ETF, which is...
NEW DELHI: NSE’s index services subsidiary, NSE Indices, on Thursday said it has launched one more index under the Nifty Bharat Bond Index series. The Bharat Bond Index series follows a Target Maturity Date structure wherein each index in the series measures the performance of a portfolio of AAA-rated...
Mumbai: Indian companies raised nearly USD 1.34 billion from foreign markets in October this year, down 34 per cent from the year-ago period, RBI data showed on Wednesday. The domestic firms had raised over USD 2.03 billion from the overseas markets in October 2020. In a break-up, the companies...
MUMBAI: Hyderabad-based Greenko Energy, backed by Singapore sovereign wealth fund GIC, plans to raise up to $1 billion from international investors as the company seeks to retire a high-cost bank loan, said four people familiar with the matter. The proceeds could also be used to expand capacity and other...
New Delhi: The third tranche of Bharat Bond ETF will be launched on December 3 to raise around Rs 5,000 crore to fund growth plans of Central Public Sector Enterprises, Edelweiss Asset Management said on Wednesday. This new fund offer (NFO) will start on December 3, 2021, and end...
ICICI Prudential Asset Management Company is planning to raise up to Rs 2,000 crore through its maiden credit alternative investment fund (AIF) amid increasing demand for private credit. It will invest in the performing credit space with a credible promoter backing. It will aim to generate an 11-13%internal rate...
New Delhi: ‘ board has approved a public issue for raising up to Rs 1,000 crore through non-convertible debentures, half of which will be mopped up in the first tranche. A meeting of the debenture fundraising committee of the company’s board of directors held on Monday (November 29) considered...
Mumbai: Fitch Ratings has affirmed ‘s ratings at ‘BB+’ with a negative outlook and retained the lender’s viability rating at BB. The negative outlook comes despite the agency recently revising upwards the operating environment outlook of domestic banks to stable from negative, citing better than expected recovery in business...
Mumbai: The Reserve Bank of India has sold ₹1,435 crore worth of sovereign securities cumulatively in the secondary market over the past two weeks, which could be a clear sign of liquidity normalisation. This central bank may have resorted to secondary market bond sales to cut excess cash from...
Mumbai: The third tranche of the Bharat Bond ETF is aiming to raise as much as ₹5,000 crore, offering an estimated yield of 6.8 per cent, two market sources familiar with the matter told ET. The exchange-traded fund (ETF) will open for subscription this Friday, offering a safe investment...