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Karachi: Askari Bank Limited’s Tier-I TFC, symbolized as AKBLTFC6, with a face value of Rs. 1,000,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of “6M KIBOR + 1.5%”. The total issue size for this security is Rs. 6,000,000,000, and investors should anticipate the next coupon date on January 3, 2024.
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