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Karachi, Soneri Bank Limited introduced a “Tier-I” TFC (Traded Finance Certificate) with the symbol SNBLTFC3, having a face value of Rs. 5,000. This perpetual debt security offers a profit rate of 6M KIBOR+2.00%. The total issue size for this security is Rs. 4,000,000,000, and it currently has an outstanding principal of Rs. 4,000,000,000. Investors can look forward to the next coupon date on 6th December 2023.
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