United Bank Limited Introduces Tier-I TFC

Karachi, United Bank Limited has issued “TFC (Tier-I)” (UBLTFC5) with a face value of Rs. 5,000. The profit rate for this security is defined as “3M KIBOR +1.55%”. With both its total issue size and outstanding principal amount standing at Rs. 10,000,000,000, the next coupon date is set for 29-01-2024.

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