Karachi, 23 Oct 2023: Summit Bank Limited has introduced a 7-Year TFC with the symbol SMBLTFC in the Pakistan Stock Exchange market. Each market lot of this publicly issued debt security has a face value of Rs. 5,000. The TFC offers a profit rate of 6M KIBOR+3.25%. The total issue size for this security is Rs. 1,500,000,000, with an outstanding principal of Rs. 1,495,500,000. The coupon information for SMBLTFC is not specified.