AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
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.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...