Karachi, Askari Bank Limited has made public the issuance of two debt securities under privately placed terms. The first issue, a perpetual bond, comes with a profit rate of 6M KIBOR + 1.5%, with an outstanding principal of Rs. 6 billion. It is scheduled for its next coupon payment on July 3, 2024. The second, a 10-year term bond, bears a profit rate of 3M KIBOR + 1.2%, with the same principal amount. This bond will see its next coupon on June 17, 2024. Each bond has a market lot of one unit, with a face value of Rs. 1,000,000.