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Karachi, JS Bank Limited has issued a “TFC (Tier-II)” (JSBLTFC3) with a market lot of 1 and face value of Rs. 100,000. This seven-year tenor security offers a profit rate of “6M KIBOR +2.0%”, with a total issue size of Rs. 2,500,000,000 and an outstanding principal of Rs. 2,499,500,000. The next coupon date is set for 28-Dec-2023.
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