Karachi: Mobilink Microfinance Bank Limited has declared a brief book closure period for its sub-debt securities to determine entitlements for the upcoming coupon payment. The announcement was made in compliance with the Pakistan Stock Exchange Regulations and the Companies Act of 2017, with the register set to close on November 20, 2026, and reopen the same day.
The closure aims to finalize the list of sub-debt holders eligible for the 8th coupon payment, covering the period from May 23, 2026, to November 23, 2026. The entitlement type specified is a coupon payment, calculated at a profit rate of 6MKIBOR plus an additional 2.10%.
According to information available from the Pakistan Stock Exchange (PSX), the payment date is scheduled for November 23, 2026. Such brief closures are standard practice for financial institutions to ensure accurate and timely disbursement of payments to stakeholders.
The designated market category for this announcement is the fixed income segment, reflecting the structured and periodic nature of debt security payments.