BondsPedia

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• Accrued Interest

  Interest that has accumulated on a bond since the last coupon payment. When you buy a bond between coupon dates, the purchase typically includes accrued interest paid to the seller.

• Amortizing Bond

  A bond that repays principal gradually over its life along with interest, rather than returning the full principal only at maturity.

• AT1 Bond

  Additional Tier 1 bonds issued by banks to meet regulatory capital norms. They are typically perpetual and subordinated, and may carry higher risk features than senior debt.

• Auction

  The process used to sell new government securities. In India, auctions may include competitive bids (often for larger participants) and non-competitive routes for eligible retail investors.