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Karachi: Habib Bank Limited has issued a Tier-I TFC, HBLTFC2, on a perpetual basis with a profit rate of 3M KIBOR+1.6%. The security has a face value of PKR 100,000 per market lot, with the total issue size reaching PKR 12,374,000,000. Investors are anticipating the next coupon payment on 26-Dec-2023, with the entire principal amount still outstanding.
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