Bank Al Habib Limited Releases “Tier-II” TFC

Karachi, Bank Al Habib Limited has introduced a “Tier-II” TFC with the symbol BAHLTFC10. These debt securities have a face value of Rs. 5,000 each and a tenor of 10 years. The total issue size is substantial, at Rs. 7,000,000,000, and the next coupon date is set for 23rd December 2023. This issuance provides a long-term investment opportunity for investors in the banking sector.

Check Also

Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...