Askari Bank Limited Issues Perpetual and Tier-II TFC Securities

Karachi, Askari Bank Limited has released “TFC (Tier-I)” securities, denoted as AKBLTFC6, with a market lot of 1 and a face value of Rs. 1,000,000 each. These perpetual securities have their next coupon date on 03-07-2024. Additionally, the bank has issued “TFC (Tier-II)” securities under the symbol AKBLTFC7, with a tenor of 10 years and the next coupon date scheduled for 17-Mar-2024.

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