Publication Details
Issue: Vol 9, No 3 (2026)
ISSN: 2576-5973
Abstract
This article examines the circulation of hybrid securities in the debt instruments market, with particular focus on Additional Tier 1 (AT1) bonds. The study reveals the key characteristics of these securities and analyzes their role in bank financing as well as their significance within the subordinated debt instruments market. Furthermore, the paper highlights the distinguishing features of hybrid securities compared to other types of bonds.
Keywords
joint-stock companies
issuer
investor
capital market
risk
return
securities
institutional investors
bonds
stock exchange
bank