JS Bank Limited Issues Perpetual Term Finance Certificate (Tier-I)

Karachi, JS Bank Limited has issued a Perpetual Term Finance Certificate (Tier-I), symbolized as JS B LTFC 2, with a face value of PKR 100,000. The profit rate is noted as 6M KIBOR+2.25%, with a total issue size of PKR 2,500,000,000. The outstanding principal is PKR 2,500,000,000, and the next coupon date is scheduled for 30-Dec-2023.

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