Habib Bank Limited Offers Perpetual Debt Securities with Next Coupon in March 2024

Karachi, Habib Bank Limited has issued HBLTFC3, perpetual debt securities, marking a significant addition to its financial instruments. With a market lot of 1 and a face value of Rs. 100,000, these securities carry a profit rate of 3M KIBOR + 2.00%. The total issue size is Rs. 6,500,000,000, and investors can look forward to the next coupon date on 28 March 2024. This issuance reflects HBL’s commitment to enhancing its perpetual capital base.

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Pakistan Stock Exchange Witnesses Bullish Trend

Islamabad: Pakistan Stock Exchange (PSX) continues to witness a bullish trend during the trading today, showing an increase of over eighteen hundred and sixty points in the Hundred Index. According to Radio Pakistan, the Hundred Index that closed at ...