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Karachi: United Bank Limited’s Tier-I TFC, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of “3M KIBOR + 1.55%”. The total issue size for this security is Rs. 10,000,000,000, and the outstanding principal remains unchanged. Investors should mark their calendars for the next coupon date, which is scheduled for January 29, 2024.
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