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Karachi: JS Bank Limited has listed a perpetual Tier-I TFC, JSBLTFC2, with a market lot of Rs. 100,000. This debt security offers a profit rate tied to 6M KIBOR + 2.25%. It has a total issue size of Rs. 2,500,000,000, which is also the total outstanding principal. The next coupon payment is expected on 30-Dec-2023.
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