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Karachi: Soneri Bank Limited has released a Perpetual Term Finance Certificate (Tier-I), trading in a market lot of 1 and with a face value of Rs. 5,000. The profit rate for the security is tied to the 6-month KIBOR, with an additional 2.00% margin. The total issue size stands at Rs. 4 billion, matching the outstanding principal amount. The upcoming coupon date is set for 06 December 2023.
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