Question
Which of the following is an unsecured, perpetual and
non-convertible bond issued by banks in order to secure an external capital base to be used in times of a financial emergency without being subjected to insolvency and distress measures?Solution
AT1 Bonds stand for additional tier-1 bonds. These are unsecured bonds that have perpetual tenure. In other words, the bonds have no maturity date. They have a call option, which can be used by the banks to buy these bonds back from investors. These bonds are typically used by banks to bolster their core or tier-1 capital. They carry a higher rate of interest and they are riskier than other debt instruments.
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In the following question, select the word which cannot be formed using the letters of the given word.
TROPICAL
From the given alternative words select the word which can't be formed using the letters of the given word
DETERMINATION
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PLATFORM
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Read the directions carefully and answer the following question.
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CONSIDERATE
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