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Credit Market

7 Oct 2020

SEBI Recognizes Risk on AT1 Bonds, 4 years after INR Bonds Highlighted Risks for Retail Investors

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INRBonds has been covering perpetual bonds since the time it has been launched and highlighting the risks it brings to investors. Perpetual bonds spread movement shows that the spread of lower-rated banks such as Punjab & Sind Bank and The South Indian Bank has widened while the spread of big private sector banks and public sector banks has contracted from the levels seen in March 2020 but witnessed an uptick in the spreads during the month of September 2020.

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Arjun Parthasarathy
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