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Karachi: Habib Bank Limited has introduced a perpetual TFC to the market, trading under the symbol HBLTFC3. The certificate has a market lot of one and a face value of PKR 100,000. The profit rate is set at the 3-month KIBOR plus 2.00%. The total issue size of the TFC is PKR 6,500,000,000, which is also the current outstanding principal amount. The next coupon is slated for 28th December 2023.
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