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Karachi: K-Electric Limited has released Sukuk securities with a tenor of 7 years. These securities are available in a market lot of 100,000 with a face value of Rs. 100,000 each. They carry a profit rate of “3M KIBOR + 1.7%” and have a total issue size of Rs. 6,700,000,000. The next coupon date for these Sukuk securities is scheduled for 23-Nov-2023.
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