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.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with