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Karachi, (PPI Bot): Bank Al Habib Limited has entered the market with a Tier-II Term Finance Certificate, BAH LTFC10. This long-term debt instrument, with a tenor of ten years and a market lot of 1 unit at a face value of PKR 5,000, carries a profit rate of 6M KIBOR + 1.35%. The total and outstanding issue size is recorded at PKR 7 billion, indicating a strong uptake. Holders of this TFC can expect the next coupon payout on December 23, 2023.
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