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Karachi: U Microfinance Bank Limited has issued a Term Finance Certificate (TFC) with the symbol UMBLTFC1. The market lot for the security is set at 1 with a face value of 100,000. The tenor for this TFC is 4 years and carries a profit rate of 6M KIBOR + 1.35%. The total issue size stands at Rs. 3,500,000,000 with an outstanding principal of the same amount. The next coupon date for this security is scheduled for 23-Dec-2023.
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