Bonds Current Affairs, GK & News
Cabinet approves Bharat Bond Exchange Traded Fund
On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs 1000. Highlights The BBETF at its initial stages will hold basket of bonds that are ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs
Topics: Bonds • cabinet approval • Exchange traded fund • Investment • Public Sector Undertakings
Cess for Disaster Relief
The rapidly changing climate and the rising temperatures have led to a spate of floods, droughts, and other natural disasters. Not only do the natural disasters cause the loss of life and limb, but cause loss of public and private property, damage the economic potential of the region, cause a drag on the economy of ..
Category: Economy & Banking Current Affairs
Topics: Bonds • Cess • Disaster Relief • GST • GST Council • Rescue
Overseas Bonds
The Indian Finance Minister had in her budget speech announced that to raise funds, India would opt for the issue of overseas bonds. While some economists call this move of the Indian government unplanned and unnecessary risk, the Indian Government is sticking to its plan as it belies than an overseas bond issue will spur ..
Category: Economy & Banking Current Affairs
Topics: Bonds • Borrowings • external debt to GDP Ratio • Indian Economy • Overseas Bonds
AIIB plans to issue first US dollar bonds in June 2018
China-led Asian Infrastructure Investment Bank (AIIB) is planning to issue its first US dollar-denominated bond with minimum worth of $1 billion by June 2018. The earliest issuance window of bond will be toward end of first half of 2018 with time required for certain procedures, including Board of Governors’ approval of AIIB’s 2017 financial statements ..
Month: Current Affairs - January, 2018
Topics: AIIB • Banking • Bonds • China • Dollar denominated bonds • International
IWAI raises Rs. 660 crore through Bonds
The Inland Waterways Authority of India (IWAI) has raised Rs. 660 crore as Fully Serviced Bonds. The oversubscribed bonds were issued through e-bidding on BSE Portal and the entire amount of Rs.660 crore was raised in single tranche at a coupon rate of 7.47%. Key Facts The proceeds from these bonds will be utilized by ..
Month: Current Affairs - October, 2017
Topics: Bonds • BSE Portal • Iwai • National • National Waterways