The Cabinet Committee on Economic Affairs (CCEA) has approved the creation and launch of Bharat Bond Exchange Traded Fund (ETF), the country’s first corporate bond ETF through which retail investors can invest in corporate bonds with just Rs 1,000. The ETF will be a basket of bonds issued by CPSUs, CPSEs, CPFIs or any other government organisation bonds. Some of the top-rated firms like REC, NABARD, PFC, NHAI and IRFC will be the top constituents in the ETFs.

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