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Karachi, (PPI Bot): Habib Bank Limited has issued a perpetual Tier-I TFC, HBLTFC3, to bolster its capital base. Each TFC, valued at PKR 100,000, has a profit rate of 3M KIBOR+2.00%. The bank has raised PKR 6.5 billion, which is also the amount of the outstanding principal. The next coupon date is set for 28-Dec-2023.
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