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Karachi, U Microfinance Bank Limited has declared its Term Finance Certificate (TFC) with a face value of Rs. 100,000, having a tenor of 4 years. The profit rate for the TFC is set at “6M KIBOR + 1.35%”. The total issue size stands at Rs. 3,500,000,000, and the outstanding principal is also Rs. 3,500,000,000. The next coupon date is set for 23 December 2023.
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