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Karachi: U Microfinance Bank Limited has listed a 4-year TFC on the Pakistan Stock Exchange with the symbol UMBLTFC1. The TFC, with a market lot of one and a face value of PKR 100,000, offers a profit rate of 6-month KIBOR plus 1.35%. The total issue size stands at PKR 3,500,000,000, which is also the outstanding principal amount. The TFC is scheduled for its next coupon payment on 23rd December 2023.
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