AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: JS Bank Limited has announced the issuance of its Term Finance Certificate (TFC) Tier-I, labeled as JSBLTFC2. The securities have a market lot size of 1 with a face value of Rs. 100,000. These TFCs are perpetual and come with a profit rate set at 6M KIBOR+2.25%. The bank has issued securities amounting to Rs. 2,500,000,000, with the same amount as the outstanding principal. The next coupon date for these TFCs is 30-Dec-2023.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...