SAMBA BANK LIMITED ISSUES 10-YEAR TIER-II BONDS

Karachi, (PPI Bot): Samba Bank Limited has issued 10-year Tier-II bonds (SBLTFC) with a market lot of 1 and a face value of PKR 100,000. These bonds carry a profit rate of 6M KIBOR + 1.35%. The total issue size stands at PKR 5,000,000,000 with PKR 4,997,000,000 outstanding. Bondholders can expect the next coupon payment on 01-Mar-2024.

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