{"id":10443,"date":"2020-03-16T04:54:26","date_gmt":"2020-03-16T04:54:26","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=10443"},"modified":"2020-03-16T04:54:29","modified_gmt":"2020-03-16T04:54:29","slug":"rbi-made-a-proposal-to-write-down-additional-tier-1-at-1-bonds","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/rbi-made-a-proposal-to-write-down-additional-tier-1-at-1-bonds\/","title":{"rendered":"RBI made a proposal to write-down Additional Tier-1 (AT-1) bonds"},"content":{"rendered":"\n<p>Reserve Bank of India (RBI) has made a proposal to\nwrite-down Additional Tier-1 (AT-1) bonds as part of the SBI-led restructuring\npackage for Yes Bank. AT-1 bonds are a type of unsecured, perpetual bonds that\nbanks issue to shore up their core capital base to meet the Basel-III norms. AT-1\nbonds are like any other bonds issued by banks and companies, but pay a slightly\nhigher rate of interest compared to other bonds.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<p>These bonds are also listed and traded on the exchanges. So,\nif an AT-1 bondholder needs money, he can sell it in the secondary market. Investors\ncannot return these bonds to the issuing bank and get the money. i.e there is\nno put option available to its holders. However, the issuing banks have the\noption to recall AT-1 bonds issued by them (termed call options that allow\nbanks to redeem them after 5 or 10 years). Banks issuing AT-1 bonds can skip\ninterest payouts for a particular year or even reduce the bonds\u2019 face value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reserve Bank of India (RBI) has made a proposal to write-down Additional Tier-1 (AT-1) bonds as part of the SBI-led restructuring package for Yes Bank. AT-1 bonds are a type of unsecured, perpetual bonds that banks issue to shore up their core capital base to meet the Basel-III norms. AT-1 bonds are like any other [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":10444,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[914],"tags":[64],"class_list":["post-10443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2020","tag-reserve-bank-of-india-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/10443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=10443"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/10443\/revisions"}],"predecessor-version":[{"id":10445,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/10443\/revisions\/10445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/10444"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=10443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=10443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=10443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}