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BANK AL HABIB LIMITED STRENGTHENS TEN-YEAR PLAN WITH TIER-II BONDS

  • November 30, 2023

Karachi, (PPI Bot): Bank Al Habib Limited has strengthened its ten-year plan with the issuance of Tier-II bonds (BAHLTFC10). The bonds, with a market lot of 1 and a face value of PKR 5,000, offer a profit rate of 6M KIBOR + 1.35%. With a total issue size of PKR 7,000,000,000, the full amount is outstanding, and the next coupon payment is due on 23-Dec-2023.

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