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Karachi, (PPI Bot): Bank Al Habib Limited has announced its Tier-II Term Finance Certificates (TFCs) issuance, designated as BAHLTFC10. The TFCs, with a market lot of 1, are valued at a face value of PKR 5,000 each. These ten-year term securities have a profit rate that is calculated as the 6-month KIBOR plus 1.35%. The bank has announced a total issue size of PKR 7,000,000,000, which is also the total outstanding principal. The upcoming coupon date is scheduled for December 23, 2023.
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