AT-1 bonds explained: Perpetual debt, call options and the risk of losing your investment
The Supreme Court’s ruling on YES Bank’s ₹8,415 crore AT-1 bond write-off has renewed attention on these high-risk debt instruments. Here’s how AT-1 bonds work, why they offer higher returns, and what investors need to know about perpetual maturity, call options and the risk of losing their principal.
Attribution
This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.
Read on Business Today