AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Askari Bank Limited has released details of its “TFC (Tier-I)” (AKBLTFC6) issuance. This perpetual security, with a market lot of 1 and face value of Rs. 1,000,000, offers a profit rate of “6M KIBOR +1.5%”. It has a total issue size of Rs. 6,000,000,000 and an outstanding principal of the same amount, with the next coupon date scheduled for 03-01-2024.
Check Also
PM and Defence Production Minister Discuss Makkah Joint Defence Agreement
Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...