Bank Al Habib Limited Strengthens with Ten-Year TFC

Karachi, (PPI Bot): Bank Al Habib Limited has fortified its financial instruments by introducing a Tier-II Term Finance Certificate (TFC), BAH LTFC10, with a market lot of 1 and a face value of 5,000. Tailored for a 10-year period, the TFC enjoys a profit rate of 6M KIBOR + 1.35%. With a robust total issue size of Rs. 7,000,000,000, the full amount remains as the outstanding principal. The financial community anticipates the next coupon date on 23-Dec-2023.

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