Which among the following are perpetual instruments with

Solution

AT1 (Additional Tier 1) bond, also known as perpetual bond or contingent convertible bond, is a type of debt instrument that is issued by banks to meet the capital requirement set by the Basel III regulatory framework. AT1 bonds have features of both equity and debt instruments. They pay a fixed coupon rate like traditional bonds, but they also have a contingent conversion feature that allows them to be converted into common equity in case the bank's capital falls below a certain threshold.