Habib Bank Limited Announces Perpetual TFC with KIBOR Plus Margin

Karachi: Habib Bank Limited has issued a perpetual TFC, HBLTFC2, with a market lot of Rs. 100,000. This instrument carries a profit rate based on the 3M KIBOR + 1.6%. The total issue size is a substantial Rs. 12,374,000,000, with the same amount outstanding. The next coupon will be distributed on 26-Dec-2023.

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