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Karachi, K-Electric Limited has entered the Sukuk market with an issuance worth Rs. 6,700,000,000, coded K E LS C 6. These Sukuks have a 7-year tenure, a face value of Rs. 100,000, and a profit rate of “3M KIBOR + 1.7%”. The next coupon is due on “23-Feb-2024”.
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