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Karachi, Samba Bank Limited has issued a “TFC (Tier-II)” valued at Rs. 5,000,000,000, trading under the symbol S B LTFC. With a market lot of 1 and a face value of Rs. 100,000, these TFCs have a tenure of 10 years and a profit rate of “6M KIBOR + 1.35%”. The next coupon date is set for “01-Mar-2024”, with an outstanding principal amount close to the issue size at Rs. 4,997,000,000.
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