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Karachi: Soneri Bank Limited has made public their “TFC (Tier-I)” securities under the symbol SNBLTFC3. The securities have a market lot of 1 and a face value of Rs. 5,000. These are perpetual securities with a profit rate of 6M KIBOR+2.00%. The bank has set the total issue size at Rs. 4,000,000,000, with the same amount as the outstanding principal. The next coupon date is 06-12-2023.
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