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Karachi: Mughal Iron & Steel Industries Limited has offered a Sukuk for a five-year tenure, with a profit rate based on 3-month KIBOR plus 1.3%. With a market lot of 1 and a face value of Rs. 1,000,000, the total issue size reaches Rs. 3,000,000,000, and the outstanding principal is Rs. 2,437,500,000. Investors should note the next coupon date set for 02 December 2023.
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