Over 110 members received tips on constructing bond portfolios and analysing the risks of perpetual bonds in the 22 Sept webinar by BondEvalue. Rahul Banerjee and George Thomas also showcased their portfolio analyser with Excel, the pros and cons of buy and hold vs. active management, and laddering—an investment strategy that involves buying bonds with different maturities.

In discussing the risk and rewards of perpetual bonds, Rahul and George looked at factors determining demand for bank perpetuals, reasons for corporates to issue perpetuals, banks’ liability structure, and a cross comparison of banks’ capital structure. We thank both Rahul and George for the very insightful and interesting session, and trust our members gained valuable insights as well.