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Karachi: In another development, JS Bank Limited has issued a Term Finance Certificate under Tier-II, denoted by JSBLTFC3. With a market lot of 1 and a face value of Rs. 100,000, its tenor spans 7 years. The profit rate is based on 6M KIBOR + 2.0%. The total issue size stands at Rs. 2,500,000,000, with an outstanding principal slightly less at Rs. 2,499,500,000. The next coupon date is scheduled for 28-Dec-2023.
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