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Karachi: Askari Bank Limited has released a Term Finance Certificate (TFC) under Tier-I with the symbol AKBLTFC6. The market lot is 1 with a face value of Rs. 1,000,000. This particular TFC has a perpetual tenor, and its profit rate is set at 6M KIBOR + 1.5%. The total issue size is Rs. 6,000,000,000, and the outstanding principal is Rs. 6,000,000,000. The next coupon date for this TFC is 03-Jan-2024.
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