Thanks @smanek for very well articulating about A to Z of AT1 bonds and more particularly what next in the case of Yes bank. I just want to mention one point which the CEO mentioned in ET Now interview today. The bank need not pay any interest on the AT1 bonds and it does not get accumulated. However, if the bank decides to pay dividend to its shareholders, the bank will have to pay interest on the AT1 bonds for that year.
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