Bank Al Habib Limited Publicizes Perpetual TFC Tier-I Security

Karachi: Bank Al Habib Limited has disclosed its TFC Tier-I security, termed BAHLTFC9. With a face value of Rs. 5,000, this perpetual security offers a profit rate grounded on 6M KIBOR + 1.65%. The total issue size is recorded at Rs. 7,000,000,000, mirroring its outstanding principal. Stakeholders should mark their calendars for the next coupon date, set for 25-Apr-2024.

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