Bank Al Habib Limited Releases Details of Tier-II TFC

Karachi: Bank Al Habib Limited has provided information on its Tier-II Term Finance Certificate (TFC), symbolized as BAHLTFC10. The security holds a market lot of 1 and a face value of 5,000. The TFC spans a tenor of 10 years with a profit rate of 6M KIBOR + 1.35%. The total issue size is listed as Rs. 7,000,000,000, matching the outstanding principal. The upcoming coupon date is set for 23-Dec-2023.

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