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Karachi, Soneri Bank Limited has shared details on its TFC (Tier-I), identified as SNBL TFC 3. It has a market lot of 1 with a face value of PKR 5,000. The tenor is perpetual, and the interest rate is set at 6-Month KIBOR + 2.00%. The total issue size and the outstanding principal both stand at PKR 4,000,000,000. The upcoming coupon date is slated for 6th December 2023.
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