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Karachi (PPI Bot): The Bank of Punjab continues to offer its Tier-I TFC, BOPTFC2, with a perpetual tenor. Each lot is priced at 100,000 PKR and features a profit rate of 6M KIBOR + 2.00%. The bank has raised 8,017,500,000 PKR through this instrument, which also represents the outstanding principal amount. The forthcoming coupon payment is scheduled for 20-Dec-2023.
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