What are Perpetual Bonds? Bank Sector Capital Raising Strategies Explained
What are Perpetual Bonds? Bank Sector Capital Raising Strategies Explained Perpetual bonds, also known as “perps,” are a unique type of fixed income instrument that has garnered attention, particularly within the banking sector. This article delves into the intricacies of perpetual bonds, exploring their characteristics, the reasons why banks issue them, and the broader strategies…