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Karachi, (PPI Bot): The Bank of Punjab has secured long-term funding by releasing a perpetual Tier-I TFC, BOPTFC2. The instrument has a total issue size of PKR 8.0175 billion, which stands as the outstanding principal as well. With a profit rate of 6M KIBOR+2.00%, the TFC’s next coupon date is anticipated on 20-Dec-2023.
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