Page-2 of Bonds
Four PSBs may struggle to pay AT1 bond coupons
Four public sector banks (PSBs) may struggle to make coupon payments on their additional tier 1 (AT1) bond as they have reported heavy losses due to a surge in bad loans. In this case coupon payment is an annual interest ..
Month: Current Affairs - October, 2016
Bond
Bonds are negotiable certificates of indebtedness issued by various entities such as companies, municipalities, or government agencies. As debt securities or IOUs, they provide investors with an opportunity to lend money to the issuer in exchange for regular interest payments ..