With reference to Additional Tier-1 (AT1) bonds, consider the following statements:
1. These bonds are unsecured bonds that have perpetual tenors.
2. They are issued by banks and have a maturity date of one month.
3. These bonds were introduced by the Basel accord.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1, 2 and 3
4
1 and 3 only
5
None of the above