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Karachi: Mughal Iron & Steel Industries Limited has released a five-year Sukuk, symbolized as MUGHALSC, with a market lot size of Rs. 1,000,000. The profit rate is based on 3M KIBOR + 1.3%. The total issue size is Rs. 3,000,000,000, with an outstanding principal of Rs. 2,437,500,000. The next coupon payment is scheduled for 02-Dec-2023.
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