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Karachi, Mughal Iron and Steel Industries Limited has placed a five-year debt security with a significant face value of Rs. 1,000,000. According to the Pakistan Stock Exchange (PSX), this security offers a profit rate of 3-month KIBOR plus 1.3%, with an outstanding principal of Rs. 1,500,000,000. The next coupon is due on 02 June 2024.
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