Karachi: Habib Bank Limited has announced a suspension of trading for its Term Finance Certificate, designated as [HBLTFC3], in light of upcoming book closure dates. The bank has scheduled the book closure period from March 22, 2025, to March 28, 2025, to facilitate the 9th profit payment of the TFC.

As a result of the book closure, trading in the [HBLTFC3] will be halted from March 21, 2025, and is set to resume on April 2, 2025. This announcement impacts the designated market category under which the TFC operates.

According to information available from the Pakistan Stock Exchange (PSX), the temporary suspension is a standard procedure to ensure the smooth processing of financial obligations and shareholder entitlements associated with the Term Finance Certificate. The trading halt is expected to allow necessary administrative processes to be completed efficiently.

Market participants and investors holding the [HBLTFC3] have been advised to take note of these dates to manage their portfolios accordingly. The resumption of trading on April 2 will mark the continuation of regular market activities for this financial instrument.