Which of the following statement(s) is/are correct about the ‘AT-1 Bonds’?
1. These bonds are used by banks to bolster their core or tier-1 capital.
2. They are secured bonds having a perpetual tenure i.e. no maturity date.
3. They have call option which can be used by banks to buy these bonds back from investors.
4. The bond holders are liquid which means they can be redeemed by the investors after a certain period of time.
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