Soneri Bank Limited Lists Perpetual Debt Instrument

Karachi: Soneri Bank Limited has listed a perpetual debt instrument, SNB LTF C 3, on the Pakistan Stock Exchange. With a market lot of 1 and a face value of Rs. 5,000, the profit rate is based on a 6-month KIBOR plus an additional 2.00%. The total issue size is Rs. 4,000,000,000, with the full amount outstanding. The next coupon date is set for 6 December 2023.

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