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Karachi, (PPI Bot): In a continued effort to strengthen its capital base, Askari Bank Limited has placed a 10-year Tier-II Term Finance Certificate, AKBLTFC7. The TFC, with a market lot of one and a face value of PKR 1,000,000, offers a profit rate of 3M KIBOR+1.2%. The total issue size and outstanding principal both stand at PKR 6 billion. The next coupon date is 17-Dec-2023.
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