Question
Consider the following statements about Additional
tier-1 (AT1) bonds is/are correct? I. These are unsecured bonds that have perpetual tenure. II. These bonds have a call option, which can be used by the banks to buy these bonds back from investors. III. Biggest portion of AT1 bonds is bought by retail investors. IV. These bonds are issued by Banks.Solution
Biggest portion of AT1 bonds is bought by the “Mutual Funds”.
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