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Karachi: In the debt security sector, Bank Islami Pakistan Limited continues with its perpetual Sukuk offering, coded BIP LSC. The security comes with a Rs. 5,000 face value and a profit rate formulated as 3-Month KIBOR plus 2.75%. The total issuance size is listed as Rs. 2 billion, with the same amount reported as outstanding principal. The next coupon date for investors is set for 01 December 2023.
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