AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: United Bank Limited has announced its Perpetual Term Finance Certificate (Tier-I) with a market lot size of 1 and a face value of Rs. 5,000. The profit rate is based on the 3-month KIBOR plus a spread of 1.55%. This security has a total issue size of Rs. 10 billion, which is also the outstanding principal. The next coupon payment for this TFC is expected on 29 January 2024.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...