AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Bank Al Habib Limited has introduced a Tier-II TFC, “BAHLTFC10,” with a ten-year term to the financial market. With a total issue size of Rs. 7 billion, the same amount is outstanding. The bank has set the next coupon date for December 23, 2023, with each TFC holding a market lot of 1 and a face value of Rs. 5,000, indicating its proactive approach in securing long-term funding.
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