Islamabad, U Microfinance Bank Limited has announced the issuance of a new privately placed debt security, designated as UMBLTF C1. The face value of the market lot is set at PKR 100,000, with the total issue size reaching PKR 3.5 billion. This fouryear term security offers a profit rate based on 6month KIBOR plus 1.35%. Investors should note the next coupon date scheduled for June 23, 2024.