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Finance ministry asks Sebi to revoke 100-year maturity rule on AT1 bonds

Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn

Additional Tier 1 bond | Perpetual bonds | Finance Ministry

Chirag Madia & Nikunj Ohri  |  Mumbai/New Delhi 

On Wednesday, the market regulator issued curbs on mutual fund (MF) investment in debt instruments with special features such as additional tier I (AT1) bonds

The ministry has written to the Securities and Exchange Board of India (Sebi), requesting it to withdraw a rule that fixes the tenor or maturity of all at 100 years.



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First Published: Sat, March 13 2021. 01:45 IST