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Karachi, Habib Bank Limited has expanded its portfolio of financial instruments with the issuance of a perpetual Tier-I TFC, “HBLTFC3,” which has a total issue size of Rs. 6.5 billion, all outstanding. With a market lot of 1 and a face value of Rs. 100,000, the TFC’s next coupon is expected on December 28, 2023, indicating the bank’s strategic move to secure long-term capital.
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