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Karachi: Samba Bank Limited (SBLTFC) has announced the issuance of Tier-II Privately Placed Debt Securities. The security, with the symbol SBLTFC, will have a market lot size of 1 and a face value of Rs. 100,000. These securities have a tenor of 10 years and will carry a profit rate of “6M KIBOR + 1.35%.” The total issue size for SBLTFC is Rs. 5,000,000,000, with the next coupon date set for 01-Mar-2024.
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