AT1 bonds, also known as perpetual bonds, do not have any fixed maturity and are billed as quasi-equity – a risker security. Most of such securities have a five-year call option, an exit option for investors provided the borrower exercises it.
Valuations turn attractive as markets look beyond uncertainty: A Balasubramanian
Amidst geopolitical uncertainty, market expert A Balasubramanian suggests the worst may be nearing an end, with improving macro signals and reasonable valuations in Indian equities.