Karachi: United Bank Limited has announced a temporary suspension of trading for its Term Finance Certificate, designated as UBLTFC5, due to upcoming book closure dates. The suspension is set from July 20, 2026, to July 28, 2026, with trading expected to resume on July 29, 2026. This decision coincides with the bank's schedule for the 30th profit payment on the certificate.
The book closure period will commence on July 21, 2026, and conclude on July 28, 2026, marking a critical phase for investors holding UBLTFC5. According to information available from the Pakistan Stock Exchange (PSX), this operational hiatus is necessary to facilitate the profit distribution process efficiently.
Stakeholders and market participants are advised to take note of these dates to ensure a smooth transition during the temporary suspension period. The announcement underscores the bank's commitment to orderly financial operations, aligning with standard market practices for such financial instruments.