Samba Bank Limited Issues 10-Year Tier-II TFC

Karachi: Samba Bank Limited has released a 10-year Tier-II Term Finance Certificate (TFC) with the trading symbol SBLTFC. It has a market lot of 1 and a face value of PKR 100,000. The profit rate is set at 6-month KIBOR plus 1.35%. The total issue size is noted at PKR 5,000,000,000, with an outstanding principal slightly lower at PKR 4,997,000,000. The forthcoming coupon payment is due on 1st March 2024.

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