Karachi, (PPI Bot): United Bank Limited has introduced a perpetual debt instrument with the symbol UBLTFC5. The Tier-I TFC boasts a market lot of 1 and a face value of PKR 5,000. The profit rate is set at 3M KIBOR + 1.55%. The bank has issued PKR 10 billion worth of these securities, all of which remains outstanding. The upcoming coupon date is noted as 29-01-2024.