What is additional Tier-1 capital AT 1?

Additional Tier Capital (also known as AT1 bonds) is a type of unsecured, perpetual bonds issued predominantly by banks to raise additional Tier 1 capital without any maturity date (perpetual), but they have a call option.  These bonds are issued by banks to shore up their core capital base to meet the Basel-III norms. Features … Continue reading What is additional Tier-1 capital AT 1?