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Karachi: Askari Bank Limited’s Tier-II TFC, symbolized as AKBLTFC7, with a face value of Rs. 1,000,000 per Mkt. Lot and a tenor of 10 years, offers a profit rate of “3M KIBOR + 1.2%”. The total issue size for this security is Rs. 6,000,000,000, and investors can expect the next coupon payment on December 17, 2023.
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