InvestorQ : Which are the new Bharat Bond going to be launched by the NSE?
sanjana Tulsiani made post

Which are the new Bharat Bond going to be launched by the NSE?

Answer
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Mitali Bhutta answered.
3 months ago


NSE’s index services subsidiary, NSE Indices Ltd has launched two indices under the Nifty BHARAT Bond Index series. The two indices are as follows-

Nifty BHARAT Bond Index - April 2025
Nifty BHARAT Bond Index - April 2031

As the name suggests, the bonds mature on April 2025 and April 2031 respectively. Their base date will be 30th June 2020 and their base value will be 1000. The indices will be rebalanced or reconstituted at the end of every calendar quarter. 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 bonds issued by government-owned entities maturing in a specific year. This second tranche of the Bharat Bond ETF, which tracks bonds issued by central public sector enterprises and is managed by Edelweiss AMC, is looking to raise up to Rs14,000cr. It will remain open for subscription between 14th -17th July and will track the new indices. The first tranche launched in December 2019 had raised as much as Rs 12,400 crore.