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Karachi, (PPI Bot): Mughal Iron & Steel Industries Limited has its Sukuk, MUGHALSC, with a market lot size of 1 and a face value of Rs. 1,000,000. With a 5-year tenor, the Sukuk provides a profit rate based on the 3-month KIBOR plus 1.3%. The total issue size is Rs. 3,000,000,000, and the outstanding principal stands at Rs. 2,437,500,000. Investors anticipate the next coupon payment on 2nd December 2023.
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