Palms, Maui
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Palms, Maui
Untitled by Jorge Mérida Via Flickr: Canon At-1 Fuji Superia 200
Valuing zero-interest bonds at FV could coerce 5 PSBs to raise equity/AT1 in the near term
Valuing zero-interest bonds at FV could coerce 5 PSBs to raise equity/AT1 in the near term
Fair valuing of the equity infused by the Government of India (GoI) in five public sector banks (PSBs) in FY21 through non-interest-bearing bonds could coerce these banks to raise either equity or Additional Tier 1 (AT1) in the near term solely on account of this factor, according to India Ratings and Research (Ind-Ra). The agency noted that listing zero-interest bonds at fair value (FV) could…
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Banks roll over Financial Year 2022 AT-1 bonds - Times of India
Banks roll over Financial Year 2022 AT-1 bonds – Times of India
MUMBAI: Public sector banks have managed to successfully roll over their AT-1 (additional tier-1) bonds that were due for call option in FY22. These bonds had received a bad publicity last year after the Yes Bank failure resulted in Rs 8,415-crore AT-1 bonds being written down to zero and investors in them getting a worse deal than equity investors. The write-off also resulted in Sebi revising…
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Bank of Baroda raises ₹1,997 crore via AT-1 bonds
Bank of Baroda raises ₹1,997 crore via AT-1 bonds
Bank of Baroda (BoB) has raised ₹1,997 crore via an issue of Additional Tier 1 bonds at a coupon rate of at 7.95 per cent. Bonds of ₹1 crore are unsecured, rated, listed, subordinated, non-convertible, fully paid-up Basel III compliant perpetual bonds. Bids of ₹5,308 crore The public sector bank informed exchanges that it has received total bids aggregating ₹5,308 crore against issue size of…
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P A R A L L E L (Shot on Canon AT-1)
Boston - 1978, Wings Stadium, Kalamazoo MI. 2017 photo100 - #83 This was my first 'rock concert'. I had borrowed a camera and the 'big lens' (135mm) from my high school newspaper and stood down on the floor. My ears rang for a week. ;-) You can see all my Photo100 shots on my Flickr page here: https://www.flickr.com/photos/streamingmeemee/albums/72157674849182183 #photo100, #livemusic #concert #bostonband, #stadiumrock, #kalamazoo, #throwbackthursday, #tbt, #ilfordhp5